Aktiv Kapital Canada Announces Singular Focus on Debt Purchasing

Aktiv Kapital Canada Ltd, previously known as Portfolio Management Group, announced a decision to focus all efforts on their core competency of debt acquisitions and to exit the contingency collections segment, effective July 7th.

This new direction is driven by the organization’s commitment to the Aktiv Kapital brand that helps both clients and customers make informed decisions while delivering upon their values of Integrity, Collaboration, Insight and Ambition. It was felt that this brand experience is most successfully delivered through Debt Acquisitions, the organization’s primary expertise.

This direction will enable the organization to focus on the support and growth of their Debt Acquisition  service which purchases portfolios from leading consumer service organizations and then recovers all  non-performing loans through customer oriented methodologies and flexible solutions.  Currently, Aktiv Kapital ASA is equipped with approximately $500 million to support portfolio purchases.
 
“The Aktiv Kapital worldwide objective is to be the leading purchaser of non-performing loans in all operating markets. Our recent actions in Canada reflect this objective and will enable our organization to focus on both protecting and growing our current market share in Canada,” Rod Hooktwith, Country Manager Aktiv Kapital Canada Ltd.