STOCKHOLM: Intrum AB (publ), Europe’s largest credit management services firm, has completed its first co-investment transaction in Hungary, partnering with a new investor that ranks among Europe’s leading buyers of non-performing loans.
The deal involves a secondary market portfolio of roughly HUF 41 billion, or about SEK 1.25 billion, in total balances spread across approximately 25,000 accounts. Intrum acquired the portfolio from a diversified group of financial originators.
Under the agreement, Intrum holds a minority stake in the investment, aligning with the company’s capital-light strategy. The structure allows Intrum to scale portfolio investments while keeping a disciplined approach to leverage and capital deployment.
Intrum will service the portfolio under a long-term contract lasting at least five years, generating additional servicing income. The transaction blends capital-efficient investing with Intrum’s servicing operations and reinforces the company’s position in the European credit management market, according to a company statement.
The deal also reflects continued activity in Eastern Europe’s evolving market for non-performing loan transactions.
“We continue to execute on our investing partner strategy, building on the strength of our servicing platform and investment expertise,” said Johan Åkerblom, president and CEO of Intrum. “Our first co-investment transaction in Hungary with a leading investor in Europe demonstrates how combining co-investment partnerships with long-term servicing agreements can generate recurring income streams while supporting a more efficient secondary market for non-performing loans.”
Intrum is based in Stockholm and publicly traded on Nasdaq Stockholm. The company operates in 20 markets and employs about 9,000 people.
