Status & Filings
Type: IPO




ACM Group
Company Information


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Company
Symbol
Price Range
Shares
Trade Date
ACM Group TBC  
Underwriter(s):
Macquaire UBS
Address:
Level 3, 287 Elizabeth Street, Sydney, NSW 2000
Phone:
1800 673 668




About ACM Group
ACM Group’s business was established in 1982 to provide premium collection services to a blue chip client base. ACM Group is a wholly owned and managed Australian corporation. ACM Group operated originally as a mercantile agency providing specialist debt collection services on a commission basis. In 2005, ACM Group changed its focus and is now one of Australia’s largest acquirers of non-performing debt ledgers comprising predominately of credit card, personal loan overdraft debt and telecommunications accounts. ACM Group purchased its first non-performing debt ledger in 2000 from a major international financial institution and has continued with further purchases from major Australian Financial Institutions and Telecommunication providers.

ACM Group utilises its 25 years plus debt collection experience to compliantly negotiate with consumers workable debt repayment programs.

ACM Group collects overdue credit card, personal loan and telecommunications accounts on behalf of clients like Commonwealth Bank of Australia Ltd. and Telstra Corp.

This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. We do not claim that all of the statements above were researched and found to be true. We present them as a general description based on what the company has said about itself at the time that they submitted their prospectus for an IPO offering. To see the company's full description, view their prospectus..


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