Clearwater International advises DAS on the sale of its bailiffs and debt collection activities to its management

Clearwater International advises DAS on the sale of its bailiffs and debt collection activities to its management

Clearwater International has advised DAS, the legal assistance insurance provider, on the sale of its interest in bailiff companies Landelijke Associatie van Gerechtsdeurwaarders (LAVG) and Van Arkel Gerechtsdeurwaarders (VAG), and debt collection agency Bos Incasso, to the co-shareholder Mr Bos.

DAS is a Dutch insurance company for private individuals and companies, with revenues of €290m and an EBITDA of €19.5m in 2017. With 1890 employees, DAS operates various brands including Flexx, B&D Juristen, EDR Credit Services, and Cannock Chase.

LAVG and VAG are both bailiff companies. LAVG operates in the northern part of the Netherlands with 220 employees. VAG operates six offices spread across the Netherlands and has 180 employees. Bos Incasso provides debt collection services and operates from four offices in the Netherlands with 80 employees.

  • Image of DAS Company Logo
    sold
    Image of Bos incasso, LAVG & Van Arkel Company Logo
    to
    Image of Management Company Logo
    Sell-side
    Undisclosed
    View Back of Transaction
    Clearwater adviseurs

    Adviser to DAS on the sale of its bailiffs and debt collection activities to its management

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