2016

  • Named one of Forbes’ Best Midsize Employers in America
  • Acquires DTP S.A. (DTP), a mid-size debt purchaser and debt collector active in the Polish market
  • Company celebrates 20th anniversary

2015

  • Purchases majority position in RCB Investimentos, Brazil's leading NPL master servicing platform
  • Recognized for Global M&A Deal of the Year in the M&A Atlas Awards for acquisition of Aktiv Kapital AS
  • Expands Norfolk headquarters to support long-term growth
  • Launches global core values, built on five words that form the acronym CARES: Committed, Accountable, Respectful, Ethical and Successful.

2014

  • Named one of Fortune's 100 Fastest-Growing Companies for third consecutive year
  • Named one of Forbes Best Small Companies in America for eighth consecutive year
  • Acquires Aktiv Kapital AS, a leader in acquiring and servicing non-performing consumer loans throughout Europe and Canada.
  • Acquires U.K. Individual Voluntary Arrangements platform and other assets from Pamplona Capital Management

2013

  • Opens U.S. call center in Dallas, Texas, exiting all offshore management of U.S. accounts
  • PRAA included in Barron’s 400 Index of most fundamentally sound and attractively priced stocks for second consecutive year
  • Credit Collections & Risk awards PRA UK Credit Excellence Award in Compliance

2012

  • Expands into UK consumer debt buying and contingency collections with acquisition of Mackenzie Hall
  • Begins to acquire and service secured bankruptcy debt with acquisition of National Capital Management assets

2011

  • Opens U.S. call center in Birmingham, Alabama

2010

  • Claims Compensation Bureau
  • Diversifies into class action claims servicing with acquisition of controlling interest in CCB

2006

2004

  • Diversifies U.S. portfolio into acquisition and servicing of bankruptcy claims
  • Enters vehicle location services business with acquisition of IGS Nevada

2003

  • BusinessWeek recognizes PRA as a 100 Best Small Company and 100 Hot Growth Company
  • Opens third call center in Hampton, Virginia

2002

  • Inc. magazine recognizes PRA as one of 500 Fastest-Growing Companies
  • IPO to launch Portfolio Recovery Associates, Inc. as a public company (Nasdaq: PRAA)

2000

  • Opens second call center in Hutchinson, Kansas

1999

  • Establishes headquarters in Norfolk, Virginia

1996

  • Portfolio Recovery Associates, LLC co-founded by Steve Fredrickson and Kevin Stevenson