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Barnsley-based PRAC Financial buys and manages distressed consumer debts in the financial services, telecoms and energy sectors.
Founded in 2006 and headquartered in Barnsley, UK, PRAC Financial Limited acquires and manages distressed consumer debt, mainly in financial services, telecoms and energy. It works with financial institutions, telecom operators and utility providers, using legal analysis and tailored repayment plans. The company completed a management buyout led by Endless on February 8, 2019, for GBP 6.000 mn, and has completed 3 deals in total. In 2016 it generated revenue of GBP 418,874.1 and EBITDA of GBP 68,620.9.
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