Latest articles and updates from ARL
Monday, 12th Feburary 2018
We are pleased to announce that an agreement has been reached for PF Australia Pty Ltd (Panthera) to acquire a 100% stake in ARL Group. Panthera is a privately-owned receivables management business based in Brisbane. Commencing business operations in 2004 as a contingent collections company, Panthera has grown and established itself as the second largest PDL acquirer in the Australian market. As a fast growing organisation with aims to grow its domestic receivables management business, PFA provides a unique opportunity for NCOA’s employees to join a thriving business.
This agreement was reached after our previous owner and US parent, Alorica, has decided to concentrate on the Customer Care (BPO) part of its business and has embarked on a process to exit parts of the Financial Care (3rd Party Debt Collections) markets globally. The Australian business falls under the Financial Care umbrella and is to be sold.
Panthera has stated its intention to integrate the PDL business of NCOPM with Panthera’s PDL business and to maintain the ARL and FDL businesses as standalone business units within the Panthera portfolio. More details on how this will operate will be provided over the coming 4-6 weeks.
We thank you for your business over the year and look forward to a prosperous 2018.