History

20 years of continual progress and no sign of stopping

Our history

1998

1998

Year established

20

20yrs

Operating experience and data accumulation

1400

1400+

Loan portfolios purchased

Cabot Credit Management is one of the longest standing credit management service companies in the UK, with 20 years of operating experience and data accumulation. During this period, we have invested £2.0 billion in acquiring over 1,400 purchased loan portfolios and collected £2.8 billion on these portfolios from more than 8 million customers.

2017
  • Cabot completes the acquisition of Orbit Debt Collections Limited, a debt servicing company, in May 2017.
2016
  • Cabot completes the acquisition of its first portfolio in Portugal, in June 2016, from a major retail bank.
  • Cabot completes the acquisition of 50.1 per cent of Nemo Recouvrement S.A.S., a French credit management services business, in March 2016. Nemo Recouvrement specialises in the acquisition of receivables, collection and management of customer receipts and was established in 1984.
  • Cabot achieves FCA authorisation
2015
  • Cabot completes the acquisition of Gesif S.A.U. - now Cabot Financial Spain S.A. - in October 2015. Gesif is a Spanish credit management services business which was established in 1991.
  • Cabot completes the acquisition of Mortimer Clarke Solicitors, a law firm which specialises in credit litigation, in July 2015, following the grant of alternative business structure status to the firm by the SRA.
  • Cabot acquires Hillesden Securities Ltd (trading as dlc) in June 2015. Hillesden Securities Ltd is a UK based acquirer and collector of non-performing unsecured consumer debt and was established in 1994.
  • Cabot Financial upgraded to B+ rating by Standard & Poors.
2014
  • Cabot acquires the Marlin Group in February 2014, a credit management services business which was established in 2002.
  • Cabot joins the Institute of Customer Service
2013
  • Cabot is acquired by J.C. Flowers and Encore through Janus Holdings (Luxembourg) S.à r.l.
2011
  • Cabot Financial and Apex Credit Management merge to form Cabot Credit Management
  • Cabot acquires Apex Credit Management Holdings Limited, and its subsidiaries, in April 2011. ‘Apex’ was established in 2000 as a specialist UK based consumer debt collection agency (DCA) which also conducted debt purchase operations.
2007
  • Cabot purchases an Irish DCA business - now called Cabot Financial (Ireland) Limited - which began trading in 2007.
1998
  • Cabot founded as one of the first entrants into the UK debt purchase market.
Footer businesses

The Cabot Credit Management Group incorporates: