Recoveriescorp – partnership with Allegro Funds
Miles Advisory Partners acted as advisor to the shareholders of Recoveriescorp on the sale of their company
Transaction Details
Sector
Business Services
Miles Role
Sell-side advisor to Archer Capital and Transaction Capital
Deal Type
Business Divestments
Year Completed
2024
Contacts for this Transaction
Gareth Cope
Managing Director
David Leung
Vice President
Overview
- Recoveriescorp is an Australian receivables management and debt recovery agency. Historically, Nutun Australia (part of the South African global BPO group Nutun) owned the recoveriescorp group.
- Nutun Australia is a provider of specialised business process outsourcing (BPO) services, including contingency-based and first-party debt collection, customer engagement and rehabilitation services
- The business serves a blue-chip customer base including some of Australia's largest banks, insurers, utilities and telecommunications providers
- The divestment was driven by Transaction Capital's strategic decision to exit non-core assets, with Nutun Australia identified as a strong standalone business better suited to local ownership
- The transaction involved a cross-border carveout of a South African-listed group's Australian operations, requiring coordination across multiple jurisdictions and stakeholder groups
Industry Overview
The Australian BPO market is experiencing sustained demand from financial services, utilities and telecommunications companies seeking to outsource complex customer engagement and collections functions to specialist providers. Allegro's acquisition of Nutun Australia demonstrates the firm's conviction in the sector as a platform for consolidation and expansion beyond debt collections into broader customer experience and business process outsourcing services.
Further information on this transaction is available at Allegro / Nuntun Article
