Da Vinci Acquires Russian Debt Collection Agency (CEE and CIS)

Source: Private Equity International  |  Author: Yolanda Bobeldijk

Da Vinci Capital, an independent asset manager focusing on mid-market private equity investments in Russia and the Commonwealth of Independent States, has acquired a significant minority stake in Russia-based debt collection agency First Collection Bureau from the company’s founders. Da Vinci Capital will join existing private equity investor Baring Vostok. Financial details of the transaction, which was structured through Da Vinci Capital’s Fund II, were not disclosed.