DZP supports Intrum in strengthening its leading position in debt collection sector

DZP has advised Intrum on entering the new secured debt segment.

The transaction involved the purchase by the Intrum investment fund of portfolios of mortgage-secured debts together with the acquisition by the Intrum service company of a team of specialists having unique skills in handling debts of this type and the tools needed to start up the accompanying processes. The transaction also covered unsecured debts. The transaction involved a total of nine entities on the seller and buyer’s side.

Our transaction advice in this project included comprehensive legal services for transactions on the buyers’ side, including preparation of transaction documentation and support in negotiations and transaction closing.

DZP has consistently supported Intrum in building up its leading position in the debt management sector. In 2017, we participated in the merger of Intrum Justitia and Lindorff. In 2020, we advised Intrum on entering the new secured debt segment.

The client was advised by a team of lawyers from DZP’s Capital Markets and Financial Institutions Practice: Magdalena Skowrońska, Partner, Piotr Jackowski, Senior Associate, and Tomasz Kalicki, Senior Associate, and advisers from the Tax Practice: Joanna Wierzejska, Partner, and Grzegorz Sprawka, Senior Tax Manager. The transaction lawyers were assisted by experts from DZP’s other nine practices and 40 specialisations.