Pollen Street Capital Leads €75m Investment in Italian Public Sector
Deal News | Aug 19, 2025 | Pollen Street Capital Ltd
Pollen Street Capital Ltd. has announced a €75 million investment to finance the acquisition of an Italian Public Sector Entities (PSE) receivables portfolio, currently managed by Officine CST. The UK-based private equity firm is joining forces with Collextion Services (CLX), an Italy-based specialist in investment and servicing of PSE assets. As part of this transaction, CLX will become the new servicer of the portfolio, bringing its expertise with a team of approximately 95 full-time employees. The move allows CLX to enhance its capabilities by acquiring systems from Officine CST while retaining the CEO, Deputy, and the collection team. This strategic transaction underscores Pollen Street's ability to engage in opportunities requiring specialized approaches, highlighting its focus on asset-backed investments with strong structural protections and risk-adjusted returns. The partnership aims to further explore the PSE receivables market, which currently presents opportunities due to regulatory constraints limiting banks as appropriate asset owners.
Sectors
- Private Equity
- Financial Services
- Public Sector
Geography
- Italy – The receivables portfolio and partner Collextion Services are based in Italy, making it the geographical focus of the transaction.
- United Kingdom – Pollen Street Capital, the principal investor, is headquartered in the UK, impacting the geographical scope of the article.
Industry
- Private Equity – Pollen Street Capital is a private equity firm involved in financing the acquisition of a portfolio, a typical activity in this sector.
- Financial Services – The transaction involves investment financing and the servicing of public sector receivables, which pertains to financial services.
- Public Sector – The deal concerns receivables from Italian Public Sector Entities, integrating the public sector into the transaction's focus.
Financials
- €75 million – The investment amount financed by Pollen Street Capital for the acquisition of the Italian PSE receivables portfolio.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pollen Street Capital Ltd. | Investor | Company | A UK-based private equity firm providing the €75 million financing for the acquisition of the PSE receivables portfolio. |
| Collextion Services (CLX) | Servicer | Company | An Italian investment and origination platform specializing in Public Sector Entities, partnering in the transaction. |
| Officine CST | Current Servicer | Company | Previously managed the receivables portfolio, whose servicing responsibilities and systems are being transferred to CLX. |