Credit management firm Pepper Advantage has closed its acquisition of Computershare’s UK mortgage servicing business, taking its assets under management in the UK to approximately £50bn and global AUM to €75bn (£64.9bn).

The integration of Computershare Loan Services, including its Zephyr and Topaz Finance lending operations, adds “substantial” credit management capabilities to Pepper Advantage’s existing locations in London and Uxbridge.

Terms of the deal have not been disclosed.

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The deal will also expand the reach of Pepper Advantage’s proprietary credit management platform Prism across Computershare Loan Services’ entire asset base, enabling Prism to provide improved operating leverage, deeper data integration, and scalable servicing capabilities for a wider range of institutional clients, in addition to its advanced analytics and workflow automation offering.

“The deal closure marks a pivotal milestone for our business as we continue to grow in the UK, both in assets under management and the range of clients we serve,” said Fraser Gemmell, group chief executive of Pepper Advantage. 

“Underpinning our strategy is our market-leading credit management technology platform, PRISM. By integrating Computershare’s UK loan servicing business, we aim to enhance this unique solution and provide even greater value to our expanding client base.”

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The Computershare Loan Services team will join Pepper Advantage.

Pepper Advantage, which was acquired by J.C. Flowers & Co in Q1 2025, operates in multiple asset classes, including residential and commercial mortgages, real estate, SME loans, asset financing and leasing, auto and consumer loans, credit cards, retail finance and BNPL, and also helps investors, financial institutions, fintechs, and banks manage their credit portfolios.