Collectius / Thai Consumer Finance NPL Portfolio 2023
Collectius acquired Non-performing loan portfolio for $42M on October 3, 2023.
- Target
- Non-performing loan portfolio
- Acquirer
- Collectius
- Deal value
- $42M
- Announced
- October 3, 2023
- Sub-sector
- Lending
Transaction overview
- Collectius announced the acquisition of Non-performing loan portfolio on October 3, 2023 for $42M.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquires unsecured NPL portfolio from Thai consumer finance firm, expanding Collectius's Thailand loan holdings to $581M and serving additional 47,000 customers in debt resolution.
Deal terms & multiples
Frequently asked questions
How much did Collectius pay for Non-performing loan portfolio?
Collectius acquired Non-performing loan portfolio for $42M, announced on October 3, 2023.
When did Collectius announce the acquisition of Non-performing loan portfolio?
Collectius announced the acquisition of Non-performing loan portfolio on October 3, 2023.
What sub-sector is Non-performing loan portfolio in?
Non-performing loan portfolio is tracked in the Lending sub-sector.
Sources
- newswit.com /en/ifithfirvc77qfv0lsmxg9wtldyzsr8i