European debt collector Lindorff, one of the largest ARM companies in the world, could become publicly traded if its private equity backer gets its way, according to a report from Reuters.
The Oslo, Norway-based firm could be listed on a European exchange as early as next year, according to the managing partner of Altor, a private equity firm that owns a 50 percent stake in Lindorff.
Lindorff has grown rapidly since Altor invested in the firm in 2003. The company said that net revenues in 2011 totaled $580 million. Lindorff has been buying debt collection firms focused on specific European countries, with notable recent deals involving the Netherlands, Spain, and Denmark.
Lindorff has a presence in 11 countries and counts 3,000 global employees.
