US debt buyer Portfolio Recovery Associates (PRA) has entered the UK market with the acquisition of Mackenzie Hall Holdings. Under the terms of the transaction, PRA purchased 100% of the equity interest in Mackenzie Hall for a maximum price of £33.5m (approximately $51 million) in cash. PRA anticipates the acquisition will be immediately accretive to earnings. The company has operations in 10 states, and more than 2,500 employees. Based in Kilmarnock, Scotland, Mackenzie Hall offers outsourced and contingent consumer debt recovery on behalf of banks, credit providers and debt purchasers as well as distressed and dormant niche portfolio purchasing. The company employs approximately 170 people.....Read more here---: US debt buyer acquires Mac Hall