Arrow Global Explained

Arrow Global Group
Type:Private
Foundation:2005
Location:Manchester, United Kingdom
Key People:Zachary Lewy, CEO
Industry:Finance
Revenue: £331.3 million (2021)[1]
Operating Income: £1.1 million (2021)
Net Income: £(87.7) million (2021)
Homepage:www.arrowglobal.net/

Arrow Global Group is a European fund manager. It was listed on the London Stock Exchange until it was acquired by TDR Capital in October 2021.

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] In January 2022 it acquired Maslow Capital, a provider of UK real estate development finance.[8]

in 2020 Arrow Credit Opportunities 1 was launched with total capital commitments of €1.7 billion.[9]

In October 2021, the company was acquired by TDR Capital.[10]

Operations

The company has some 9 million customers.[11] [12]

External links

Notes and References

  1. Web site: Annual Results 2021. Arrow Global Group. 4 January 2023.
  2. Web site: Managers cash in as bad loan buyer Arrow Global soars on debut. 9 October 2013. The Times. 12 October 2017.
  3. Web site: Arrow Global valued at £357 million in London listing. Reuters. 8 October 2013. 12 October 2017.
  4. Web site: Arrow Global Signs Deal With CarVal, Makes Portuguese Acquisitions. 1 April 2015. Morning Star. 12 October 2017.
  5. Web site: Arrow Global To Acquire Capquest For GBP158 Million. 24 September 2014. Morning Star. 12 October 2017.
  6. Web site: Arrow Global Completes Acquisition Of InVesting BV. 4 May 2016. Morning Star. 12 October 2017.
  7. Web site: Arrow Global plans to enter Irish market with acquisition. 31 August 2017. Manchester Evening News. 12 October 2017.
  8. Web site: Arrow Global Group acquires stake in real estate specialist. 13 January 2022. Credit Connect. 1 March 2022.
  9. News: Arrow Global appoints managing director, client and product solutions. 13 December 2022. Hedgeweek. 5 January 2023.
  10. News: TDR Capital completes £563m deal for credit management services provider, Arrow Global. PE Insights. 11 October 2021. 4 January 2023.
  11. Web site: Defended Litigation Case Handler. Go Career. 17 September 2017. 12 October 2017. https://web.archive.org/web/20171013070135/https://gocareer.co.uk/job/defended-litigation-case-handler/. 13 October 2017. dead.
  12. Web site: About us. Arrow Global. 4 January 2023.

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