Marlin founder and Duke Street sell stake in business
Irish entrepreneur Martin Dunphy has sold his 20% stake in Marlin Financial Group to Cabot Credit Management. CCM is majority-owned by Encore Capital Group, a US publicly listed company with the remaining equity being held by J.C. Flowers & Co. The sale was made alongside majority shareholder Duke Street, which also sold its stake in Marlin as part of the same transaction. The deal values the company at approximately 295 million pounds ($480 million).
10 February 2014•2 mins read
