CCR Magazine

You are here  :Home arrow News arrow Sale of JBW Group Ltd
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Sale of JBW Group Ltd PDF Print E-mail
Friday, 01 April 2016
The global outsourcing group, OUTSOURCING Inc. today acquired JBW GROUP one of the UK's leading debt enforcement companies. 

OUTSOURCING Inc. has acquired JBW Group and its sister company Case Dynamics in a deal that valued the businesses at over £24m.

Jamie Waller, founder and CEO of JBW will remain a shareholder of the business and step up to the role of Group Chairman.

JBW is a judicial services business that provides debt enforcement and data analytics services to agencies of UK Government. It was founded in 2004, employs over 100 people and operates from two locations in the UK.

Commenting on the deal, Waller said; "After running a formal process to find the right partner to help us grow JBW and take it to its next level, OUTSOURCING Inc. was the natural choice. We had many expressions of interest and offers of investment but none were as compelling as OSI.

The deal that completed today will see no significant changes to JBW or its management team and as part of the transaction the existing Executive Board Members have all become shareholders. With the backing of OUTSOURCING Inc., the expertise and global reach they bring, this is a significant development for JBW's future."

Mr. Haruhiko Doi, founding shareholder, Chairman and CEO of OUTSOURCING Inc., said, "We are very excited to expand our global outsourcing capabilities into the debt recovery and enforcement sector. JBW Group is fantastic business that plays an important role in the UK economy and we expect to assist the incumbent management team to continue the great work they have already done."

JBW Group was advised by Cavendish Corporate Finance and SXA.
 
Enghouse Side Banner

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197