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21 Concordia to acquire EGB

EGB’s skilled and highly motivated team, supported by flexible business model, state of the art proprietary software system and innovative market approach will allow the company to provide its clients with services of the highest quality.

21 Concordia, the Polish private equity firm of 21 Partners, has just completed an investment in a leading Polish debt collection company, EGB Investments S.A. Founded in 1995, EGB Investments is one of the most experienced and innovative companies on the Polish debt collection market. The Company manages collection of consumer and corporate debt for banks, financial institutions, telecommunications, and utilities companies in Poland. EGB generates sales in excess of PLN 50 M (~€M 12) with an Ebitda margin in excess of 15%. In addition to the core debt collection and receivables management services, the company provides liquidity enhancement solutions for small and micro enterprises through its subsidiary EGB Finanse. EGB’s skilled and highly motivated team, supported by flexible business model, state of the art proprietary software system and innovative market approach will allow the company to provide its clients with services of the highest quality. 21 Concordia will foster an organic growth strategy alongside the management team. Dariusz Górka, Managing Partner of 21 Concordia commented: “EGB is an excellent investment opportunity. With its innovative and experienced management team, we will be able to take EGB to the next stage.” “This investment opens a new chapter in our company’s history. We believe, that with the support of 21 Concordia, a like-minded entrepreneurial investor, we will be able to grow our business by maintaining its strong position in the debt collection market and developing new business lines,” said Krzysztof Matela, EGB CEO.

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