Frontex International

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Frontex International - overview

Established

2009

Location

Sofia, -, Bulgaria

Primary Industry

Financial Services

About

Frontex International is a Bulgaria-based company specializing in receivables management and debt collection, offering tailored services to enhance financial recovery for businesses across Europe. Founded in 2009, Frontex International operates in Sofia, Bulgaria, focusing on effective debt collection and financial solutions. The company was acquired by Axxess Capital in 2013, which marked a significant change in its ownership structure. Frontex has completed a total of 1 deal since its inception.


Frontex specializes in the effective management and collection of receivables, providing a comprehensive suite of services to optimize financial flows and minimize the risk of unpaid debts for its clients. The company's core offerings include debt collection through a proprietary call center that employs structured communication strategies compliant with current regulations. Additionally, Frontex provides portfolio acquisition services for non-performing receivables, enabling clients to offload delinquent accounts while ensuring efficient debt management through proven methodologies. Their expert services extend to legal debt collection, encompassing judicial procedures when extrajudicial methods are inadequate.


The primary clientele consists of businesses across Bulgaria and potentially other European markets, focusing on establishing partnerships that enhance their financial recovery processes. In the most recent year, Frontex reported a revenue of USD 1,144,029. 10 and an EBITDA of USD 737,976. 20.


The company generates revenue primarily through structured transactional relationships with its clients, operating on a service fee model based on the volume of receivables managed or collected. Frontex International has plans to expand its services and geographic presence, aiming to enter new European markets by 2024. The company intends to leverage its recent acquisition by Axxess Capital to enhance its operational capabilities and broaden its client base. Recent funding will support the development of new product offerings aimed at improving debt recovery solutions and optimizing client financial outcomes.


Current Investors

Axxess Capital

Primary Industry

Financial Services

Sub Industries

Credit Collections & Services

Website

www.frontex.bg

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Frontex International - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedFrontex International-

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