During the period of TowerBrook Fund III’s investment, Capquest was a UK-based consumer debt purchase and debt recovery company. Capquest was focused on the purchase of non-performing and semi-performing unsecured consumer loans, mainly comprising credit card and bank debt, using a proprietary, adaptive pricing process based on data from its collection business. TowerBrook exited its investment in 2014 via the sale of Capquest to Arrow plc, a UK-based debt purchaser.