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Cabot buys XRS division

19th October, 2014
Sean Webb, chief executive of Cabot Financial Ireland; David Brady, commercial director of Cabot Financial Ireland; and Pat Kelly, managing director of XRS

Debt collection firm Cabot Financial has acquired a division of XRS, a Dublin company specialising in credit management software.

Cabot will create a new Credit Union Services division on foot of the deal with XRS, which has developed proprietary credit management and recoveries software used by 60 credit unions, as well as banks and telcos.

Part of the Cabot Credit Management group, Cabot offers centralised credit management services to credit unions and other lenders in the...

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