Arrow Global

Arrow Global Group
Public
Traded as LSE: ARW
Industry Finance
Founded 2005
Headquarters Manchester, United Kingdom
Key people
 Jonathan Bloomer, Chairman
Lee Rochford, CEO
Revenue £235.9 million (2016)[1]
£95.0 million (2016)[1]
£26.3 million (2016)[1]
Website www.arrowglobal.net/

Arrow Global Group plc is a business purchasing debt from banks, credit card companies and telecommunications businesses. It is listed on the London Stock Exchange.

History

The business was established as a debt collection business by Zach Lewy in 2005.[2] It was the subject of an initial public offering in October 2013.[3]

In April 2015 the company bought Whitestar Asset Solutions and Gesphone - Serviços De Tratamento E Aquisição De Dívidas SA, both Portuguese debt purchasers.[4] In September 2014 it acquired Capquest, another UK debt purchaser.[5]

In May 2016 it bought InVesting BV, a Dutch debt purchaser.[6] In August 2017 it announced the acquisition of Mars Capital's Irish mortgage servicing business.[7]

Operations

The company has some 9 million customers.[8]

References

  1. 1 2 3 "Annual Report 2016". Arrow Global Group. Retrieved 12 October 2017.
  2. ↑ "Managers cash in as bad loan buyer Arrow Global soars on debut". The Times. 9 October 2013. Retrieved 12 October 2017.
  3. ↑ "Arrow Global valued at £357 million in London listing". Reuters. 8 October 2013. Retrieved 12 October 2017.
  4. ↑ "Arrow Global Signs Deal With CarVal, Makes Portuguese Acquisitions". Morning Star. 1 April 2015. Retrieved 12 October 2017.
  5. ↑ "Arrow Global To Acquire Capquest For GBP158 Million". Morning Star. 24 September 2014. Retrieved 12 October 2017.
  6. ↑ "Arrow Global Completes Acquisition Of InVesting BV". Morning Star. 4 May 2016. Retrieved 12 October 2017.
  7. ↑ "Arrow Global plans to enter Irish market with acquisition". Manchester Evening News. 31 August 2017. Retrieved 12 October 2017.
  8. ↑ "Defended Litigation Case Handler". Go Career. 17 September 2017. Retrieved 12 October 2017.
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