2016 | - Garfunkelux Holdco 3 S.A. issued €230m FRN EURIBOR + 5.5% bond
- GFKL Lowell Group acquires Tesch Inkasso Group
- GFKL Lowell Group acquires IS Inkasso Group
- Launch of new investor website for the combined Group – Garfunkelux HoldCo. 2
- Lowell Financial awarded an ‘Exceptional; three star rating for customer service from Investors in Customers.
- Lowell Financial retains Gold status in Investors in People 2016
- GFKL receive renewed confirmation of the best possible Standard&Poor's rating as servicer in Germany
- GFKL awarded as “TOP Employer in Germany” for the eleventh year in a row by the Top Employers Institute
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2015 | - Lowell Group increases revolving credit facility to £215m
- Lowell Group receives approved application from Solicitors Regulation Authority for an Alternative Business Structure
- Permira Funds acquires Lowell Group from TDR and merges with GFKL
- Lowell Group launches Lowell Solicitors
- Lowell Group retains Investors in People Gold status
- Lowell Group awarded OC&C number one
- GFKL report receivables volumes of approximately EUR 16.4bn
- Lowell Financial ranked number one credit management and debt collection company in Europe by OC&C
- Garfunkelux Holdco 3 S.A. issued €365m 7.5% Senior Secured Notes due 2022
- Garfunkelux Holdco 3 S.A. issued £565m 8.5% Senior Secured Notes due 2022
- Garfunkelux Holdco 2 S.A. issued £230m 11% Senior Unsecured Notes due 2023
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2014 | - Lowell Group granted interim permissions by FCA
- Lowell Group issued £115m 5.875% bond
- Lowell Group unveils new Headquarters in Leeds Valley Park, Leeds
- Lowell Group launches ACCUMULUS
- AAA rated Ontario Teachers’ Pension Plan acquires significant holding in Lowell Group
- Lowell Group achieves exceptional rating from Investor In Customers with + 38 net promoter score
- GFKL receive renewed confirmation of the highest possible Standard&Poor's rating as servicer: “Strong, Outlook Stable”
- GFKL Service Center GmbH founded – a subsidiary of the GFKL Group
- Intratech GmbH and Deutsche Multiauskunftei GmbH form part of the GFKL Group
- GFKL Group Holding moves into its new office in Essen
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2013 | - Lowell Group acquires Interlaken Group
- Lowell group ranked in top 3 leading credit management businesses – 6th year running
- GFKL receive renewed confirmation of the best possible Standard&Poor's rating as servicer in Germany
- Brand relaunch of GFKL’s e-commerce solution PayProtect
- GFKL’s subsidiary GFKL SNT Inkasso und Forderungsmanagement GmbH was renamed and now operates under the name of GFKL Collections GmbH
- GFKL acquires additional servicing mandates of NPL portfolios
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2012 | - Lowell Group breaks new industry ground by placing a £200m high yield bond
- Lowell Group achieves Gold Investors in People in recognition of world class standards
- Lowell Group awarded IIP Champion status – one of only 200 in the UK
- GFKL receive renewed confirmation of the best possible Standard&Poor's rating as servicer in Germany
- GFKL acquire SNT Inkasso & Forderungsmanagement GmbH (now GFKL Collections GmbH)
- GFKL focus on core business segment Receivables Management: Sale of the company GENEVA-ID GmbH to SUBITO AG
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2011 | - TDR Capital acquires Lowell Group
- GFKLrelaunch brand
- GFKL purchase of portfolio of unsecured receivables in Spain
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2010 | - Lowell Group secures £120m senior debt facility
- GFKl receive renewed confirmation of the highest possible Standard&Poor's rating as servicer
- GFKL successfully complete capital increase: total inflow of 52m Euro
- GFKL complete purchase of one of the largest unsecured bank portfolios ever sold in Germany
- GFKL purchase of portfolio of non-performing loans (in the hundreds of millions)
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2009 | - Lowell Group acquires J2 Solutions to launch ‘outsource to sell’
- Lowell Group achieves Investors in People standard status
- GFKL awarded as “TOP Employer in Germany” for the fourth year in a row by the Top Employers Institute
- GFKL acquires major contract by Receivables Management unit; 640,000 enforceable mail-order receivables
- Advent International is new main shareholder of GFKL Financial Services AG
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2008 | - Exponent Private Equity acquires Lowell Group
- GFKL has been awarded the highest possible servicer rating by Standard & Poor's. This rating makes GFKL one of the three best-rated companies in Europe
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2006 | - Standard & Poor´s raises GFKL Financial Services AG´s servicer rating to the second-highest rating on its 18-level evaluation scale
- GFKL acquires Zyklop Inkasso Deutschland GmbH, Krefeld
- GFKL complete the merger of ABIT AG with GFKL Financial Services AG
- GFKL acquires INKASSO BECKER WUPPERTAL DIETER BECKER GmbH & Co. KG
- GFKL enter into global receivables management business with the takeover of Wolter Inkasso OHG from Essen
- GFKL acquires the companies Multigestión Iberia S.A. and Corfisa Financial Services S.A.
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2005 | - Merger of ABIT AG to GFKL Financial Services AG initiated
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2004 | - Lowell Group created with £20m fund investment from Cabot Square Capital
- GFKL: Fusion of the phinware AG on the quoted ABIT AG
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2003 | - GFKL acquires phinware AG, Düsseldorf
- Voluntary public tender offer of the GFKL Financial services AG to the shareholders of the ABIT AG
- Sirius Inkasso GmbH founded as part of the GFKL Group – arose from an outsourcing project in cooperation with Victoria Versicherung AG
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1998 | - Proceed Portfolio Services GmbH founded as part of the GFKL Group
- GFKL enter into receivables management business
- Renaming of GFKL Portfolio Services GmbH and GFKL Securitization Services GmbH to Proceed Portfolio Services GmbH and Proceed Securitization Services GmbH
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1997 | - Proceed Collection Services GmbH founded as part of the GFKL Group with two sites - Essen and Munich
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1995 | - GFKL transform into a stock corporation
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1992 | |
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