By John Revill
A Warwickshire debt recovery firm is set to launch an acquisitive spree after being handed a £50 million ($92 million) cash injection.
Royal London Private Equity has led the fund raising transaction for Equidebt in a deal advised by BDO Stoy Hayward.
With consumer debt at record levels the extra capital will enable Wellesbournebased Equidebt to pursue purchase opportunities within the financial services sector.
The funding from RLPE enables Equidebt, which employs 120 people, to buy more bad debts from banks and other lenders.
For this complete story, please visit Why Equidebt is going for the bad with £50m.
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