Debt purchaser Arrow Global has announced the acquisition of “selected” assets from Southend-based debt purchaser and DCATessera Credit Group. Tessera revealed last month it would divest the “majority” of its assets to a “major client”, with Arrow named as the acquiring party yesterday (10 November). In addition, Tessera CEO Leigh Berkely will join Arrow as the company’s director of external affairs and development in February 2015. Tom Drury, CEO of Arrow Global, said: “The purchase of selected assets from Tessera further strengthens our position in the UK market. We have worked very closely with the Tessera team since 2011 and will look to ensure a smooth transition of accounts into our servicer network.....Read more here