Project: Acquisition of Lowell Group Limited by TDR Capital
Role: Advised TDR Capital
2011Quayle Munro advises TDR Capital on its acquisition of Lowell Group Limited
June 2011
Quayle Munro Limited is pleased to announce that it has acted as exclusive financial advisor to TDR Capital on the acquisition of Lowell Group Limited (“Lowell”), the largest UK debt purchasing firm, from Exponent Private Equity.
Based in Leeds, Lowell acquires and manages unsecured consumer receivables from financial institutions, communications companies and home shopping credit providers. Since its formation in 2004, it has acquired debts with over £6bn of face value, representing several million customer accounts.
TDR Capital is an experienced investor in financial services companies and intends to build upon Lowell’s strong foundation to cement its position as the leading debt purchasing business in the UK.
