JBW acquisition will create new career opportunities for staff
JBW Group Acquires Advantis Credit Limited in Strategic Expansion, Backed by OUTSOURCING Inc.
JBW Group Limited has announced the full acquisition of Advantis Credit Limited, a deal funded by Japanese parent group OUTSOURCING Inc.
Following the acquisition, Advantis will continue to operate independently under its current brand, with Mark Webb remaining as CEO.
This strategic move brings FCA-regulated debt and contingent collections capabilities to JBW, which is currently the UK’s fastest-growing national collections and enforcement group.
The acquisition expands JBW's client base, adding prominent central and local Government accounts, while also extending its reach within the commercial sector.
Mark Webb expressed enthusiasm about the development, stating: "This is an exciting market evolution, as the combined business now offers a comprehensive range of debt collection and enforcement services to both government and commercial clients. JBW and Advantis share a unified vision for the industry, focusing on intelligent customer service, high performance, and maintaining ethical standards."
Nick Tubbs, CEO of JBW, echoed this sentiment: "We are thrilled to welcome Advantis to the JBW Group and OUTSOURCING Inc. family. While Advantis will continue to operate under its own brand, there will be close collaboration and investment, offering greater career opportunities for staff across the Group.
"By combining our skills and teams, we’ll be able to deliver a broader array of services to benefit our clients, with a particular focus on supporting vulnerable customers. This aligns with our commitment to ethical standards, service excellence, and data-driven personalized engagements."
The acquisition marks a significant milestone for JBW Group, complementing its recent moves in the enforcement sector.
Tubbs noted that this reflects JBW’s commitment to delivering ethical, intelligent debt collection solutions across both private and public sectors.
Douglas Edmunds advised Advantis shareholders on the deal, with legal support from Squire Patton Boggs.
