Qualium Investissement (Qualium) is to acquire Recocash from IK Partners (IK).
Financial terms of the transaction have not been disclosed.
Since 1971, Recocash has been offering tailor-made debt-servicing solutions adapted to each customer environment, resulting in a high level of efficiency and customer satisfaction. Thanks to its proprietary credit management software Eagle-Act, Recocash offers through its subsidiary Altisys, a full range of debt collection services from software to servicing for its diversified client base.
Since 2019 and under IK’s ownership, the Company has developed rapidly and expanded its customer base, particularly in the B2B segment by leveraging its customer centric-approach and efficient servicing processes. Qualium will acquire a majority stake alongside the management.