4 September 2024

SSPCollect announces a double external growth operation

PRESS RELEASE

PARIS, Friday December 17, 2021- SSPCollect announces a double external growth operation and accelerates its strategy.SSPCollect, the collections company of
SSP, acquires :

  • The business of the collection company GEVO Recouvrement.
  • 33.3% of the shares of SEKUNDI which federates an international debt collection network.

  This double acquisition is in line with SSPCollect’s announced strategy to offer international collection solutions.
Thanks to these two external growth operations, SSPCollect is strengthening its positioning and expertise in the market for debt collection service providers and financial mediation.
SSPCollect belongs to the same group as SSP.

  • As a fintech and payment institution, SSP offers innovative payment solutions and works to create, secure and guarantee payment methods.
  • As a service company, SSPCollect has positioned itself in the field of financial mediation, in order to accelerate the collection of invoices and the processing of overdue payments.

  Recognized for the performance of its service offering and its expertise in international collections, GEVO Recouvrement is helping to accelerate SSPCollect’s growth in these areas.
Reciprocally, within SSPCollect, all SSP’s modern payment solutions will be made available to GEVO Recouvrement’s long-standing customers.
From now on, SSPCollect will draw on GEVO Recouvrement’s resources and SEKUNDI’s structure to bring its international collections offering to SSP and its direct customers alike.
GEVO Recouvrement, founded in 1996, is an experienced collection company specializing in the Franco-German market.
GEVO is the exclusive French partner of the international collection network SEKUNDI.
SEKUNDI, created in 2008, is a major international debt collection network made up of collection companies, lawyers and bailiffs operating in partner countries.
(More than 40 countries covered) This double acquisition is part of a global development strategy for SSPCollect: – Accelerate the positioning of SSPCollect and SSP as a partner for finance departments in all matters relating to the collection of their invoices using various payment methods.
– Acquire additional and complementary skills to meet the expectations of credit management professionals.
– A comprehensive offering to manage the entire life cycle of unpaid invoices.
Commercial reminders, amicable collection, legal collection, on the domestic or international market.
For Yann Duchemin, Managing Director of SSPCollect
“The acquisition of GEVO Recouvrement will enable us to join the board of the SEKUNDI international collection network. This initiative will be a tremendous gas pedal for SSPCollect in terms of business expertise in international collections, and will enable us to reach critical size by 2022. This new dimension will definitely open up new prospects for us, and will benefit SSP, our direct customers and our employees alike”, adds Georges Vonfelt, President and founder of GEVO Recouvrement. Handing over to someone in whom we have complete confidence, and who will continue to develop what we have put in place with dynamism and skill, is the ideal challenge, and I remain convinced that Yann Duchemin is the ideal successor for GEVO Recouvrement and for SEKUNDI.

About SSP (sspayment.com) and SSPCollect ( kreancia.com ) : Score & Secure Payment (SSP) is a market leader in creating, securing and guaranteeing payment methods.
A spin-off of ATOS Service Vouchers, SSP provides innovative solutions to meet the evolving needs of end-customers in terms of subscription and payment, both in-store and online.
More than 14,000 customers entrust us with over 4 billion euros of payments to secure every year.
SSPCollect carries SSP’s risk and guarantee by carrying out all of SSP’s debt collection operations.
Since November 2020, CEGEDIM has held a 34% stake in CLAMAE, which owns 100% of SSP and SSPCollect.

 

About GEVO Recouvrement(www.gevo.fr) and SEKUNDI ( sekundi.eu ) Since 1993 GEVO has been active in a niche market: Franco-German trade, and more specifically the payment problems of German companies selling their products on the French market.
In 2008, GEVO extended its range of services by creating the SEKUNDI network.
The SEKUNDI network brings together debt collection professionals in almost 40 countries, selected for the quality of their services and offering identical rates and harmonized multilingual communication.