Creating a European Strategic Financial Services Provider
A path of growth and diversification
Growth has been driving doValue to achieve a large degree of diversification, both in terms of geographic, customer, and product markets. This diversification was aimed at achieving a more comprehensive product offering for clients and a more balanced risk profile for shareholders as well as providing more articulated growth paths for employees. This growth was achieved mainly through the acquisitions of Altamira Asset Management (now doValue Spain and doValue Cyprus) and FPS (now doValue Greece) in 2019 and 2020, respectively, which are now fully integrated. In the end of 2023, doValue completed the acquisition of Team 4 in Spain to strengthen its SME business unit. This integration accelerates doValue Spain's strategy to expand its activities in the management of small unsecured loans, a rapidly growing market segment in the region and in Europe, and is consistent with its strategy to develop its business through greater diversification and a broader client base.
The history and track record of the doValue Group since its listing on Borsa Italiana are remarkable
doBank is established, today doValue, following the acquisition of UCCMB (UniCredit Credit Management Bank S.p.A.) by funds affiliated to Fortress
doBank acquires 100% of Italfondiario, one of the main operators in Italy in the management of performing and non-performing loans: the doBank Group is born, today doValue Group
doBank completes the listing process on the Milan Stock Exchange (now Euronext Milan)
doBank begins a reorganisation and “debanking” process (renouncing to its banking license), with the intention of further strengthening of servicing activities, and starts an expansion and diversification phase in Southern Europe
doBank signs a servicing contract (Project Solar) with 4 systemic Greek banks
doBank changes name and becomes doValue, concludes the banking license withdrawal proceeding and take the form of a servicing company
doValue completes the acquisition of an 85% stake in the capital of Altamira Asset Management, a prominent European player in the management of non-performing loans and real estate asset, with operations in Spain, Portugal, Cyprus and Greece
doValue completes the acquisition of 80% of share capital of Greek servicing company FPS from Eurobank SA (today doValue Greece).
doValue acquires a participation of c.10% in Brazilian fintech QueroQuitar and an approximately 15% stake in Irish proptech company Bidx1
doValue is admitted to the STAR segment of Euronext Milan
PMI Business Unit e Early Errears in Spagna; Real Estate in Grecia.
