News - 14.04.2012

Gothia acquires Team 4 Collection, Madrid

(Oslo 14 April 2012) The acquisition of Team 4 Collection based in Madrid will give Gothia a solid platform in Spain. The company was established in 2009 by a very experienced and competent management well known in the industry. The company has entered into corporation with the large banks in Spain and has already become a key player in the field of portfolio administration and debt collection. The company expects a revenue of approx. € 6,0 millions in 2012 and employs more than 70 staff.

The challenges in the Spanish economy makes the acquisition of Team 4 Collection a great potential for further growth and possible synergies with the other business areas of Gothia. Team 4 Collection also find the timing right to become a part of a stronger financial pan European group with a wider range of services.

Short about Gothia’s development:
Gothia is a leading partner for credit administration and financial services. The group, which is owned by Herkules Private Equity, has had a very strong growth since it was acquired back in 2008. The revenue is expected to exceed NOK 1,0 billion in 2012 and employ more than 1000 staff in 9 countries. Also the financial results have developed very positively in the same period.

For further information please contact:

Gothia Financial Group AS: Trond Kristian Andreassen, CEO
Mobile +47 92 26 83 14

Team 4 Collection: María Haddad Sánchez de Cueto, Directora General
Mobile +34 649853857

Gothia is a leading supplier of invoice administration, invoice purchasing, debt purchasing, financing and debt collection. Gothia Financial Group  has more than 1000 employees based in Norway, Sweden, Finland, Denmark, UK, Ireland, Germany and the Netherlands. With more than 35 years of experience, we help companies in Europe to grow. More about the group on