During the period of TowerBrook Fund III’s investment, Capquest was a U.K.-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 U.K.-based debt purchaser.