Tesch Inkasso company logo

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tesch-gruppe.com

Founded Year

1985

Stage

Acquired | Acquired

Valuation

$0000 

About Tesch Inkasso

Tesch Inkasso is a German debt collection business. The company collects overdue receivables from private debtors for predominantly blue-chip clients out of the telecommunication, utility, insurance & banking and retail & eCommerce markets.

Tesch Inkasso Headquarter Location

Bielsteiner Strasse 43

Wiehl, 51674,

Germany

+49 22 62 711 200

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Expert Collections containing Tesch Inkasso

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Tesch Inkasso is included in 1 Expert Collection, including Fintech.

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Latest Tesch Inkasso News

Avedon Capital Partners exits Tesch Inkasso

Aug 15, 2016

Mon, 15/08/2016 - 07:44 Exits Avedon Capital Partners and management have sold Tesch Inkasso Group, a German debt collection company, to Lowell GFKL Group, a credit receivables management backed by the Permira Funds and Ontario Teachers’ Pension Plan (OTPP). Tesch Inkasso is headquartered in Wiehl, Germany. Its core business is to recover debt claims, mostly from private debtors in the name of its clients. Tesch has around 10,000 unique clients and a volume of receivables serviced of approximately EUR2 billion with leading positions in the utilities and eCommerce sectors. Tesch currently employs around 430 trained professional staff in its three locations in Gummersbach, Krefeld and Osnabrück. Lowell GFKL Group, which specialises in credit receivables management and is backed by the Permira Funds and OTPP, has the ambition to build a leading pan-European business in each of its markets. The acquisition of Tesch further improves diversification by reducing UK centricity, expanding originating segment coverage and increasing third party collections (3PC) as a proportion of revenue. The CEO of Tesch, Thomas Dold, will join the group. Alexis Weege and Hannes Hinteregger, Avedon Capital Partners, say: “Together with Tesch’s industry leading management team, we implemented within Avedon’s four year holding period, our vision of building a distinctive 3PC debt-service player in the industrial segments with access to off-market portfolio purchases. Tesch ́s strong performance has been supported by its operational excellence in business analytics and scoring abilities, which carries the management ́s handwriting.”   Dold adds: “The Tesch management team is proud of what has been achieved in terms of growth, profitability, strategic positioning and restructuring of the Tesch group in the last few years. The successful and quick development of the company had only been possible based on the open, pragmatic and supportive teamwork between the Avedon team and the Tesch management. It was a challenge and fun at the same time working with our owners to drive Tesch to where we are today.”   Avedon Capital Partners is an independent investment company that provides growth capital in partnership with strong management teams that have distinctive and ambitious growth plans requiring a step change. Avedon focuses on niches within the following four sectors: (i) industrial & engineering (ii) software & technology, (iii) business services and (iv) consumer & leisure. Since 2003, the team has invested in 19 growth capital transactions with a strong realised track record. Tags :

  • When was Tesch Inkasso founded?

    Tesch Inkasso was founded in 1985.

  • Where is Tesch Inkasso's headquarters?

    Tesch Inkasso's headquarters is located at Bielsteiner Strasse 43, Wiehl.

  • What is Tesch Inkasso's latest funding round?

    Tesch Inkasso's latest funding round is Acquired.

  • Who are the investors of Tesch Inkasso?

    Investors of Tesch Inkasso include GFKL Financial Services and Avedon Capital Partners.

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