Link buys Pepper’s European servicing business, targets Greece and Spain expansion

Link Group said it has agreed a €165m deal to acquire Pepper Group’s European loan servicing, asset management and advisory business, which will create a servicing group managing €130bn in assets.
Pepper Group was bought by KKR in 2017, while Link Group is listed on the Australian Stock Exchange. Much of Link Group’s business is in fund administration, custody and investor relations, but it bought the loan servicing business of Capita in 2017, and has been expanding further in
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