Global Recovery Group, LLC
Financial ServicesVirginia, United States11-50 Employees
Global Recovery Group, LLC, based in Virginia, operates in the financial services sector with a focus on international debt recovery and related consulting for export credit agencies and financial institutions across the U.S., Europe, and the Middle East. It has recovered more than $1.5 billion of commercial debt across 90 countries, supported by an extensive global network. In addition to collections, GRG assists financially distressed companies through restructuring to restore viability. In a joint venture with FMO, GRG co-owns, manages, and sold a 300-employee food processing company in Ecuador to achieve an approximately 80% recovery on a 17-year-old defaulted debt. The firm has facilitated capital-raising initiatives for companies in Colombia, Mexico, and the Dominican Republic to recapitalize debtors and recover value for creditors. Its staff includes attorneys from the U.S., Latin America, Sub-Saharan Africa, the Middle East and North Africa, and Asia, along with former bankers and political officials.