JBW Group Limited acquires Advantis Credit Limited.
JBW Group Limited today announced it has fully acquired the shares of Advantis Credit Limited, with funding provided by OUTSOURCING Inc. (https://www.outsourcing.co.jp/en/). Advantis will continue to be managed separately to JBW and will retain its brand and management team, led by CEO, Mark Webb.
This acquisition brings FCA Regulated Debt and Contingent Collections capability to JBW, the UK’s fastest growing national collections and enforcement group, adding high profile clients in Central and Local Government and extending its reach across the commercial sector
Webb commented: “This is an exciting market development with the combined business now offering a full range of debt collection and enforcement services to Local and Central Government, and Commercial clients. JBW and Advantis share a common vision for the industry and the future of debt collection that places intelligent customer service, performance delivery and high ethical and professional standards at its core.”
Nick Tubbs, JBW Chief Executive commented: “We are delighted to welcome Advantis to the JBW Group and OUTSOURCING Inc. family. While Advantis will continue to be managed separately, and will retain its separate brand, there will be close collaboration and additional investment, and our increased scale will enable us to provide greater career opportunities for Group staff.”
“Through the combination of complementary skills and teams, we will be able to offer a broader range of services to benefit our clients whilst accelerating best practice across the Group. An early focus of this activity will be utilising the experience and knowledge across both organisations to identify and assist vulnerable customers, reinforcing a caring operating culture that is supported by high ethical standards, market leading service metrics and personalised engagements based on data intelligence and insights.”
“This transaction combined with our recent acquisitions in the enforcement sector demonstrates JBW Group’s commitment to providing excellence across a full breadth of intelligent, highly ethical debt collection solutions to our private sector, local and central government clients.”