As of June 15th, KG EOS Holding GmbH & Co, a member of the Otto Group, has acquired 60 per cent of the shares in Hoepers Recuperadora de Crédito S.A., one of the top three debt collection companies in Brazil. The expansion into Brazil ties in with the EOS Group’s strategic aims, which include a market presence in all the BRIC states.
Paul Leary Sr., a member of the EOS Group’s Board of Directors, explains the importance of the Brazilian market for EOS: ‘The Brazilian economy and credit market are growing steadily. We are convinced that our investment in South America’s largest economy will pay off and further bolster our global capabilities.’
About Hoepers Recuperadora de Crédito S.A.
The company was founded by the Hoepers family in 1982 and has its head office in Porto Alegre in the southern state of Rio Grande do Sul. It employs 2500 people at 16 locations throughout Brazil and focuses primarily on out-of-court debt collection for banks, telecommunications, car finance companies and retail credit companies.
About KG EOS Holding GmbH & Co
The EOS Group is a group of companies active throughout the world, with more than 40 subsidiaries and associated companies in over 20 countries. Its headquarters are in Hamburg (Germany). The EOS Group has more than 20.000 customers worldwide. The company offers services to companies of all sizes – ranging from stock exchange listed blue chips to SME companies.
The EOS Group is one of Europe’s leading financial services providers
outside bank and insurance businesses that are subject to licenses. The EOS brand stands for professional, tailor-made and consolidated financial solutions, covering the entire customer life cycle – from customer acquisition, invoicing and arrears billing to debt collection and purchasing receivables portfolios.
The EOS Group was formed in 1974 under the name of Deutscher Inkasso-Dienst (DID) and is a member of the Otto Group. Since September 2000 the EOS companies have been distributing their entire services spectrum under a joint umbrella brand.
About TRANSLINK
TRANSLINK Corporate Finance was founded in 1972 and advises globally acting clients in strategic acquisitions with a focus on medium-sized crossborder transactions. TRANSLINK consists of 27 offices worldwide, located in Europe, the Americas and India. Over the past 10 years, TRANSLINK has assisted in transactions with an aggregated transaction value of over € 3 billion.
In the above transaction TRANSLINK acted as exclusive financial advisor to EOS