History ofValue
In 2014 the Apollo fund acquired 85% of Altamira Real Estate from Banco Santander, transforming it into Altamira Asset Management SA. In its ambition to outsource, in 2017 it began operations in Portugal and Cyprus, always adapting its implementation model to the opportunity generated in the country. In 2019, the 85% of the Altamira Group was acquired by the doBank Group, which operated in Italy (listed on the Milan stock exchange since 2017) and Greece, becoming the doValue Group, the largest independent servicer in southern Europe. As of 31 December 2020, the Group was composed of 3,230 employees, managing 158 billion euros in the 5 countries where it is present (Portugal, Spain, Italy, Greece and Cyprus).