About Portfolio Recovery
Portfolio Recovery is a company based in Norfolk (United States) founded in 1996.. The company has 3,155 employees as of December 31, 2023. Portfolio Recovery has completed 3 acquisitions, including Aktiv Kapital, AlaTax and MuniServices.
- Headquarter Norfolk, United States
- Employees 3155 as on 31 Dec, 2023
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$287.5 M (USD), Post-IPO
Aug 01, 2013
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Investors
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Employee Count
3155
as on Dec 31, 2023
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Investments & Acquisitions
Aktiv Kapital
& 2 more
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IPO & Listings of Portfolio Recovery
Portfolio Recovery is a publicly listed company on the NASDAQ with ticker symbol PRAA in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Portfolio Recovery
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $287.5M
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First Round
First Round
(01 Aug 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Post-IPO - Portfolio Recovery | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Portfolio Recovery
Portfolio Recovery has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aktiv Kapital, AlaTax and MuniServices. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Tax collection, auditing, and compliance services are provided by AlaTax.
|
1998 | ||||
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Tax consultancy services for municipal clients are provided by MuniServices.
|
1998 | ||||
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Nonperforming loan portfolios are acquired and managed globally.
|
1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Portfolio Recovery
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Portfolio Recovery Comparisons
Competitors of Portfolio Recovery
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Portfolio Recovery
When was Portfolio Recovery founded?
Portfolio Recovery was founded in 1996 and raised its 1st funding round 17 years after it was founded.
Where is Portfolio Recovery located?
Portfolio Recovery is headquartered in Norfolk, United States. It is registered at Norfolk, Virginia, United States.
Who is the current CEO of Portfolio Recovery?
Steve Fredrickson is the current CEO of Portfolio Recovery.
How many employees does Portfolio Recovery have?
As of Dec 31, 2023, the latest employee count at Portfolio Recovery is 3,155.
What does Portfolio Recovery do?
Founded in 1996 in Norfolk, United States, health products focused on ophthalmology and gynecology are developed. Supplements and treatments addressing retinal aging, dry eye, fertility, and menopause are offered within the healthcare sector. Subscription services are utilized for regular product delivery. Solutions recommended by healthcare professionals are emphasized in operations.
Is Portfolio Recovery publicly traded?
Yes, Portfolio Recovery is publicly traded on NASDAQ under the ticker symbol PRAA.
How many acquisitions has Portfolio Recovery made?
Portfolio Recovery has made 3 acquisitions, including Aktiv Kapital, AlaTax, and MuniServices.
What is Portfolio Recovery's ticker symbol?
The ticker symbol of Portfolio Recovery is PRAA on NASDAQ.