Search Results for "Baycorp Advantage"

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(01/24/07) Media Report: Baycorp Collection Sale Backfires Oh the awkwardness: having to return the already drunk champagne to the bottle, having to deflect the compliments from well-meaning well-wishers not up on the news, having to return the money, already spent, from that sale once thought a “sure thing. In June of 2006, Baycorp sold its debt collection business, Baycorp Advantage Collection Services, to Trans Tasman Collections – a consortium including Allco Equity Partners ...

77% 2006 ARM M&A Deal Value on Course to Double Last Year’s Record
(10/05/06) 2006 ARM M&A Deal Value on Course to Double Last Year’s Record This year may very well set the deal value record for decades to come, according to Kaulkin Ginsberg, a strategic advisory and research firm that tracks the Accounts Receivable Management (ARM) industry. The estimated total deal value for completed transactions in the quarter is $536 million; however Kaulkin Ginsberg estimates that there is over $1.6 billion in deal value represented in several pending transactions, which ...

88% Baycorp Advantage Changing Name after Collection Unit Sale
(09/21/06) Baycorp Advantage Changing Name after Collection Unit Sale Australasia’s leading provider of business intelligence services Baycorp Advantage today announced it intends to change its name to Veda Advantage, subject to shareholder approval at the company’s Annual General Meeting to be held in October. The Baycorp brand was sold with the Baycorp Advantage Collections Services debt collection business to Trans-...

84% M&A Activity in the ARM Industry on Course to Shatter Previous Record Levels
(07/19/06) M&A Activity in the ARM Industry on Course to Shatter Previous Record Levels The total value of M&A transactions in the Accounts Receivable Management (ARM) industry will surpass any other year on record, if recent deal announcements close as expected this year. Other recent transactions include UK-based Cabot Financial’s sale to Nikko Principal Investments for roughly $478 million, and the sale of Baycorp Advantage’s Australia-based collection division, Baycorp Advantage Collection ...

80% Commission Warns Baycorp After Fee Investigation
(05/19/06) Commission Warns Baycorp After Fee Investigation Government Press Release The Australian Commerce Commission has completed its investigation into allegations of anti-competitive behaviour by Baycorp Advantage Holdings (NZ) Ltd (Baycorp), issuing Baycorp with a formal warning for a potential breach of the Commerce Act 1986. In October 2001 Baycorp introduced a $5 fee, payable by independent debt collectors when they loaded default information into Baycorp’s credit reporting database. ...

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(05/23/07) Global Aspirations: International and Cross-Border ARM M&A Activity Gains Momentum With the U.S. domestic market maturing, and competition also stiffening in other countries, debt collection and debt purchasing firms are eying foreign shores. “We’re a full-service collection agency in the U.S.,” notes Adam S. Cohen, the firm’s co-chair and CEO. Credit Corp acquired Pioneer Credit Management Services; Repcol acquired debt buyer Javelin; and Trans Tasman Collection,...

82% Global Debt Buying Report - Chapter 18: Debt Buying in New Zealand 
(03/15/06) Global Debt Buying Report - Debt Buying in New Zealand Country Experts: Stephen Benton, Baycorp Advantage Ltd. Robert Garters, Receivables Management New Zealand Ltd.Purchases Debt Types Government agencies, banks, credit card companies, utilities, ...

77% Global Debt Buying Report - Chapter 12: Debt Buying in Australia 
(03/15/06) Global Debt Buying Report - Debt Buying in Australia Country Experts: Colin Day, Collectfucre Ltd. Paul Cooney, RMG Ltd. Purchases Debt Types Consumer debts involving credit cards, personal loans, retail cards, auto deficiencies, delinquent mortgages,...