Callcredit

Innovative UK consumer credit and marketing information provider

Callcredit

Callcredit’s innovative credit referencing and marketing solutions enable better decision making through the customer management lifecycle

  • Corporate carve-out from Skipton Building Society Group
  • Sophisticated technology and real-time data models
  • Significant IT infrastructure upgrade
  • Near-shoring of product development
  • Launched B2C credit check website, Noddle
  • Acquired six businesses

Key facts

  1. Sales £120m (2014)
  2. Employees 1,000 (2014)
  3. Industry Financial Services, Technology, Telecoms & Internet
  4. Headquarters UK
  5. Geographic Footprint UK & Ireland
  6. Website www.callcredit.co.uk
  7. Investment Date December 2009
  8. Exit Date February 2014
  9. Fund VIP I
  10. Vitruvian Team David Nahama, Stephen Byrne, 

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Investment Facts

Callcredit

Callcredit’s innovative credit referencing and marketing solutions enable better decision making through the customer management lifecycle

Key facts

  1. Sales £120m (2014)
  2. Employees 1,000 (2014)
  3. Industry Financial Services, Technology, Telecoms & Internet
  4. Headquarters UK
  5. Geographic Footprint UK & Ireland
  6. Website www.callcredit.co.uk
  7. Investment Date December 2009
  8. Exit Date February 2014
  9. Fund VIP I
  10. Vitruvian Team David Nahama, Stephen Byrne, 
  • Corporate carve-out from Skipton Building Society Group
  • Sophisticated technology and real-time data models
  • Significant IT infrastructure upgrade
  • Near-shoring of product development
  • Launched B2C credit check website, Noddle
  • Acquired six businesses

Highlights since Vitruvian investment

Near shoring

CallCredit opened operations in Lithuania on 2012, migrating some product development, back office and support centre functions to the city of Kaunas. Operations scaled quickly, and within 12 months, the company had hired 50 staff, growing to 100 staff by 24 months.

” Our decision to move into Lithuania was taken to help support our ambitious expansion & growth strategy which is a key factor to enable the business to move forward at a much faster pace. “

Adrian Mitri,
Chief Operating Officer of CallCredit

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Acquisitions

The company completed six acquisitions with active support from the Vitruvian team, including the creation of a formalised M&A process and recruitment of a Business Development Manager.

     
     
2010 2011 2013 2014

Secondary sale

The company was sold in early 2014, almost three times
the size of when Vitruvian originally invested

” We are extremely grateful for the help and support of Vitruvian Partners over the last four years. Vitruvian has actively supported us to grow the company both organically and through strategic acquisitions as we have implemented our vision for the company, which has helped to ensure that Callcredit is now recognised as an innovative and progressive player in our industry. “

John McAndrew,
Former Chief Executive of Callcredit

” We are delighted with the performance and development of Callcredit over the past four years of our ownership with John and the team who have worked hard to position the Company firmly for further development. We wish them every continuing success with the next stage of growth. “
 
 

David Nahama,
Senior Partner at Vitruvian Partners

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