A path of growth and diversification
doValue today is a European platform, the result of a strategic journey launched over the past decade.
Through a targeted combination of organic growth and acquisitions, the Group has accelerated its geographic and product diversification while strengthening its market leadership. This diversification was pursued to provide clients with a more comprehensive product offering, deliver a more balanced risk profile for shareholders, and create broader and more diverse growth opportunities for employees.
Key milestones in this journey include the acquisitions of Altamira Asset Management (now doValue Spain and doValue Cyprus) and FPS (now doValue Greece), completed in 2019 and 2020 respectively and now fully integrated within the Group.
At the end of 2023, doValue completed the acquisition of Team 4 in Spain, strengthening its presence in the SME segment and in the management of small unsecured loans.
The expansion strategy continued in 2024 with the acquisition of Gardant. The transaction reinforces doValue’s leadership position in Italy, strengthens its partnerships with banks and investors, and broadens its product offering, particularly through significant UTP servicing capabilities and asset management activities.
In 2026, the acquisition of coeo Group GmbH marks a further step forward in the Group’s transformation journey. Specializing in the management of non-bank originated receivables through AI-driven solutions, coeo helps accelerate doValue’s diversification strategy towards new market segments, new geographies, and an increasingly broad client base, offering significant long-term growth opportunities.
Through these transactions, the Group has expanded its international footprint and built an integrated European platform capable of combining specialized expertise, advanced technologies, and a strong local presence.
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
doValue completes the acquisition of Team 4 in Spain to strengthen its SME Business Unit.
doValue finalizes the acquisition of Gardant and successfully completes the capital increase. Additionally, the bond loan issued in 2020 is repaid.
doValue completes the issuance of a new bond loan, which is used to repay the one issued in 2021. In July, it signs a binding agreement for the acquisition of coeo.
doValue completes the acquisition of coeo and closes a private bond placement of notes aimed at refinancing existing debt.