Company Description

Zolva is a leading pan-European Debt Collection company that focuses on the unsecured Non-Performing Loan (“NPL”) market. It offers services across the entire value chain of debt management, including Debt Collection for 3rd party clients and Purchase of NPL portfolios using its own capital. Zolva benefits from an experienced management team, lean IT infrastructure and industry-leading collection and portfolio pricing capabilities. The company is currently present in Norway (HQ), Sweden, Denmark, Spain, Italy and Portugal. Zolva is owned by Aleph Capital, J. Safra Group and management

Why we invested

Large multi-hundred billion Euro market that generates mid-teen returns on assets

Favourable NPL supply dynamics driven by regulatory pressures requiring write-offs of unsecured loans granted after April 2019

Target market – consumer unsecured – has experienced historic growth in debt issuance over the last few years

No legacy – opportunity to build new best-in-class infrastructure as well as no uncertainty from existing NPL backbooks

Highly experienced management team that has done this successfully several times before

Investment Date: 2021
Industry: NPL Debt Purchase and Collection
Status: Live investment