We are happy to announce that we successfully advised the owners of KNP Financial Services on the sale of 100% of their shares to coeo Inkasso, a leading German debt collection company backed by an independent private equity group.
KNP Financial Services is a leading, independent provider of debt collection services in the Austrian market. The company boasts a highly digitalised and integrated process, resulting in above-average returns for its customers and yielding a strong growth trajectory for the company.
coeo Inkasso is a fast growing provider of debt collection and debt management services in Germany, backed by private equity house Waterland.
coeo and KNP already closely collaborate. The transaction is therefore expected to yield significant synergies for both parties as well as benefits for their clients.