History
2021
- Encore Group launches its new Mission, Vision, Values across all its businesses and subsidiaries.
2020
- Leadership transition Chief Executive Officer , Craig Buick January 2020
- Portugal (Lisbon) Office opened March 2020
- Encore New Global Funding Structure September 2020
2019
- Successfully completed Spanish restructure
- Grove joined CM group
- Cabot made its first purchase in Poland in January 2019
2018
- Cabot Credit Management becomes wholly owned subsidiary of Encore Capital Group, May 2018
- dlc go live in new location in Telford
- IIP Gold Accreditation
- Cabot made its first Italian purchase in December 2018
2017
- Cabot completes the acquisition of Wescot in Hull and Orbit Debt Collections Limited in Telford, a debt servicing company, in November 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 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.