Acquisitions

The growth path of the doValue Group has been characterized by the combination of organic development and acquisitions. The latter have accelerated the geographical and product diversification of the Group.

The main transactions completed since IPO are:
 

• The acquisition of an 85% stake in Altamira Asset Management, now doValue Spain, completed in 2019. The company is one of the main servicers active in Spain (also present in Portugal and Cyprus). The acquisition represented for doValue the entry point in the broader Southern European servicing market. 
   
• The acquisition of an 80% stake in Eurobank-FPS, now doValue Greece, completed in 2020. The company is the main servicer in Greece. The acquisition allowed doValue to become the leader in the Hellenic market. 
   
• The acquisition of a 10% stake in the Brazilian fintech company QueroQuitar completed in 2021. Headquartered in Sao Paulo, QueroQuitar is one of the most promising fintech start-ups operating in the field of digital collections in the unsecured non-performing loans arena.
   
• The acquisition of a 15% stake in the Irish proptech BidX1 completed in 2021. BidX1 is a company specialised in the promotion and execution of real estate transactions through online real-time auction processes