Agecredit – Kruk

Agecredit is engaged in debt collection for third parties and is headquartered in Cesena. The Company has been active since 1994, and has recorded a turnover of € 3,1 Mln in 2017. Currently, it employs 68 people and has over 80 business partners from sectors such as banking, telecommunications, utilities etc.

KRUK is a multinational Group operating in the credit management sector in different European countries, where it aims to become market leader in credit recovery management and debt portfolios purchasing. The Group is listed on the Polish Stock Exchange and counts over 2,700 employees.

Cross Border’s  team has been selected as exclusive Advisor in the M&A Transaction and has assisted Agecredit in developing the business plan and selecting the best strategic partner.

PRESS RELEASE:

KRUK finalizes the takeover of the third-party debt collection company in Italy

Kruk Signs Deal To Buy 51 Percent In Agecredit