A leading player in France on the debt servicing market
Since 1971, Recocash provided its clients with an unrivalled approach to debt servicing, addressing both B2B and B2C debt claims. Recocash offered tailor-made solutions adapted to each customer environment, resulting in a high level of efficiency and customer satisfaction.
Recognised as a leading player in the French debt servicing market, Recocash employed approximately 150 people over two sites in Rambouillet and Lyon at the time of exiting. On an annual basis, the company handled over 500,000 debt claims, helping clients optimise their payment cycles and improve cashflow.
IK Partners acquired Recocash through a limited auction led by Rothschild in June 2019.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Further develop in the B2B market;
- Achieve market consolidation; and
- Diversify into adjacent services.