Searchlight Capital Partners and Fitzroy Capital acquire Kredinor AS
Completion is expected in January 2027 after SpareBank 1 Gruppen concluded the debt collection business was not a core holding.
Kredinor AS, a Norwegian full-service debt collection agency serving approximately one million customers annually across the Nordic region, is being sold by SpareBank 1 Gruppen and Kredinorstiftelsen to a consortium led by Searchlight Capital Partners and Fitzroy Capital. SpareBank 1 Gruppen initiated the sale after a review of Kredinor’s future needs.
The business has operated under its current owners since the 2022 merger of Kredinor and Modhi Finance. Searchlight brings experience investing in financial services businesses across Europe, while Fitzroy specializes in European non-performing loans and credit management operations.
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