Sovereign-backed Bristow & Sutor acquires Credit Style

This is the company's second acquisition since Sovereign's initial investment in 2017. The two bolt-ons have broadened the company's services into wider debt recovery, including in-house legal services and pre-legal collection services. Bristow now employs 450 people.

Sovereign is currently investing from its Sovereign Capital IV, which closed on £395m in 2014 and was 45% deployed as of December 2018.

Company
Founded in 2007, Sheffield-based Credit Style offers pre-legal debt collection, legal collection, debt counselling services and online payment systems.

People
Sovereign Capital Partners – Jeremy Morgan (partner).
Bristow & Sutor – Andy Rose (chief executive).

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