Hamburg/Dormagen/Vienna, 04 July 2019 – coeo Inkasso, a German debt collection agency in Waterland Private Equity’s portfolio, is acquiring KNP Financial Services GmbH. KNP is a leading provider of debt collection services in Austria, primarily providing support to corporate clients in the e-commerce sector. The integration of KNP into coeo Inkasso will grant the Waterland portfolio company access to the Austrian market. The sellers are the two company’s founders and managing directors, Anton Moser and Wolfgang Hetlinger, who will both remain in the management team after the acquisition. Completion of the transaction is subject to the approval of the relevant competition authorities. Further financial details of the transaction will not be disclosed. The independent private equity investment company Waterland became the majority shareholder of coeo Inkasso in February 2018.
