Resurgent Holdings LLC completes the sale of its Canadian business to PRA Group, Inc.

Date Closed

March 01, 2019

Lead Office

Toronto

On March 1, 2019, Resurgent Holdings LLC completed the sale of Resurgent Holdings Canada Inc. to PRA Group, Inc. 

Resurgent Holdings LLC, based in South Carolina, is a domestic and international consumer debt portfolio management and financial servicing company for credit grantors and debt buyers. 

PRA Group, Inc. is a Virginia-based publicly traded global company that acquires and collects nonperforming loans. 

McCarthy Tétrault LLP advised Resurgent Holdings LLC with a team led by Patrick M. Shea that included Claire Gowdy and Eriq Yu (Corporate and M&A), Matthew Demeo and Kelleher Lynch (Employment and Employee Benefits), Jason Gudofsky (Competition Law and  Foreign Investment Law) and Mariel-Soleil Landry (Tax).

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