BPI buys stake in Leeds debt recovery firm McQueen Partnership
What's the deal? West Yorkshire asset valuation and disposal specialists BPIDealroom has a profile for this one. Try Dealroom → and BPI Asset AdvisoryDealroom has a profile for this one. Try Dealroom → have acquired a stake in McQueen PartnershipDealroom has a profile for this one. Try Dealroom →, a Leeds-based debt recovery and credit control business. Terms were not disclosed.
Who's involved? McQueen Partnership was founded in 2023 by Nathan McQueen, who has more than 30 years' experience in credit control and insolvency debt recovery. It serves SMEs, corporates, sole traders, accountants, insolvency practitioners, banks, and asset-based lenders.
Its services span debt recovery, credit control, telephone debt verification, virtual credit control management, and credit management consultation.
What's the endgame? The investment brings debt recovery and credit management under the BPIDealroom has a profile for this one. Try Dealroom → umbrella for the first time. For McQueen, it provides capital, infrastructure, and access to BPI's national client base to accelerate growth.
Why it matters: BPI's clients can now be supported across valuation, disposal, and recovery. "Book debts are often a significant part of what can be recovered, and having McQueen Partnership's specialist team alongside our valuation and disposal service means we can now support our clients across both," said Andy Cromack, managing director of BPI Asset AdvisoryDealroom has a profile for this one. Try Dealroom →.
McQueen said the deal gives his team "the platform to grow faster and help many more businesses get paid," adding that clients "will see the same team and the same straight-talking service, now with the strength of a respected group behind us."
The signal: The deal continues BPI's push to broaden its services through acquisition — it bought Michael Steel & Co's plant and machinery division in 2024 — as insolvency practitioners and lenders look to consolidate recoveries with fewer moving parts.
Read more: insidermedia.com
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