April 2016

  • Client : JBW Group Limited and Case Dynamics Limited
  • Activity : Debt enforcemen
  • Sector : Financial Services
  • Acquired by: OUTSOURCING Inc

What our client said

“After running a formal process to find the right partner to help us grow JBW and take it to its next level, OUTSOURCING Inc. were the natural choice. We had many expressions of interest and offers of investment but none were as compelling as OSI.

Cavendish were without doubt the best choice of advisors for JBW and me personally. Together with their Japanese partners, they brought huge value to the process.”

Jamie Waller, founder of JBW

Cavendish Corporate Finance is delighted to have advised on the sale of JBW Group (“JBW”), one of the UK’s leading debt enforcement companies to OUTSOURCING Inc.

OUTSOURCING Inc. acquired JBW Group Limited, and its sister company Case Dynamics Limited, in a deal that valued the businesses at over £24m. Jamie Waller, founder and CEO of JBW will remain a shareholder of the business and step up to the role of Group Chairman.

JBW is a judicial services business that provides debt enforcement and data analytics services to agencies of UK Government including Transport for London. It was founded in 2004, employs over 100 people and operates from two locations in the UK.

OUTSOURCING Inc. is a multinational company with headquarters in Tokyo and operations in China, Singapore, India, Australia, Belgium and the UK and specialises in data management, IT and business process outsourcing (BPO) solutions.

Cavendish was appointed to sell JBW in 2015 and managed a sale process involving a number of strategic buyers and financial investors. OUTSOURCING emerged as the preferred owner due to the strategic valuation they placed on the business and the benefits for JBW’s future growth from having the backing of a world-class data management, IT and BPO organisation. OUTSOURCING was introduced by Cavendish’s Japanese partner firm, SIGMAXYZ Group, who assisted Cavendish throughout the sale process.

Mr. Haruhiko Doi, founding shareholder, Chairman and CEO of OUTSOURCING Inc., commented on the deal:

“We are very excited to expand our global outsourcing capabilities into the debt recovery and enforcement sector. JBW Group is fantastic business that plays an important role in the UK economy and we will support the incumbent management team to continue the great work they have already done.”

 

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