iQera
www.mcsfr.com| Region: | Europe |
|---|---|
| Sector: | Services & Industrials |
| Investment Year: | 2017 |
| Transaction Value: | €382m |
Unrealised
Acquired by BCEC X in October 2017 iQera (formerly MCS) is the leading credit management services (“CMS”) provider in France focused on two complementary lines of business: debt purchasing and debt servicing.
Debt Purchasing: 30‐year long‐established purchaser of non‐performing loans (“NPL”) originated by financial institutions, with expertise across types of debt and receivables.
Debt Servicing: Long‐standing activity across the credit cycle, types of debt and receivables and across industries (financial institutions, telecom, utilities etc.), offering an alternative to or a first step towards an offloading strategy.