We pioneered responsible collections, the ethical approach to maximising performance in the interests of clients, consumers and society as a whole. Lowell best practice is enshrined in The Lowell Way and we have expanded our reach and impact of The Lowell Way through careful and timely growth. This is our mission, to make credit work better for businesses, for consumers and our communities, across Europe. The Lowell Way drives growth and value, for us and all our stakeholders.

    2019-2021

    2021
    • Financial Vulnerability index launch
    • Overdales – new name for Lucas Credit Services and Lowell Financial Ltd
    • Reached 10,000 trust pilot reviews with an average score of 4.5.
    2020
    • Refinancing – issuance of 1.8bn high yield bonds and parent contribution of £400m
    • Solvencia becomes part of Lowell
    • UK business website launch (www.lowellbusiness.co.uk)
    2019
    • New Chair appointed
    • Acquisition of Lucas

    2010-2018

    2018
    • Lowell acquires Nordic carve-out business from Intrum
    2017
    • Lowell achieves FCA authorisation in the UK
    • Former Lowell Group and GFKL rebrand as Lowell
    2016
    • Acquisition of Tesch Inkasso Group
    • Acquisition of IS Inkasso Group
    2015
    • Former Lowell Group and GFKL agree to become one group
    • Permira acquires Lowell Group from TDR and merges with GFKL
    • Lowell launches Lowell Solicitors Limited
    • Lowell Financial Limited ranked number-one credit management and debt collection business in europe by OC&C
    2014
    • Lowell Group granted interim permissions by FCA
    • Lowell Group opens new headquarters in Leeds Valley Park, Leeds
    • AAA-rated Ontario Teachers' Pension Plan acquires significant holding in Lowell Group
    • Interatech and Deutsche Multiauskunftei form part of GFKL Group
    2013
    • Lowell Group acquires Interlaken Group
    • Lowell Group ranked in top three leading credit management businesses for the sixth consecutive year
    2012
    • Lowell Group breaks new industry ground by placing a $200m high-yield bond
    • GFKL acquires SNT Inkasso & Forderungsmanagement, now GFKL Collections
    2011
    • TDR Capital acquires Lowell Group

    2000-2009

    2009
    • Lowell Group acquires J2 Solutions
    • Advent International becomes the new main shareholder of GFKL Financial Services
    2008
    • Exponent Private Equity acquires Lowell Group
    2006
    • GFKL acquires Zyklop Inkasso Deutschland
    • GFKL completes the merger of ABIT with GFKL Financial Services
    • GFKL acquires Inkasso Becker Wuppertal
    • GFKL enters global receivables management business with the takeover of Wolter Inkasso, Essen
    2005
    • Merger of ABIT and GFKL Financial Services
    2004
    • Lowell Group is founded with £20m investment from Cabot Square Capital
    • Merger of Phinware with ABIT 2003
    2003
    • GFKL acquires Phinware, Düsseldorf
    • Voluntary public tender of GFKL to the shareholders of ABIT
    • Sirius Inkasso is founded as part of the GFKL Group

    1990-1999

    1998
    • Proceed Portfolio Services founded as part of the GFKL Group
    • GFKL enters the receivables management business
    1997
    • Proceed Collection Services founded as part of the GFKL Group
    1995
    • GFKL becomes a stock corporation
    1992
    • GFKL Group is founded