August 20, 2021
PRA Group Recognized for Achievements Over 25 Years in Inside Business 2021 Anniversary Issue
NORFOLK, Va., August 20, 2021 – PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has been recognized for its 25-year history in Hampton Roads and across the globe in Inside Business’ recent 2021 Anniversary Issue.
This year’s Anniversary Issue commemorates 55 businesses and nonprofit organizations celebrating anniversaries of 25 years or more for their achievements and enduring, purposeful impact on the local community.
The article outlines major milestones for PRA Group since Kevin Stevenson and Steve Fredrickson founded the company in a garage in 1996, including its initial public offering in 2002, accolades such as being named one of America’s Fastest-Growing Small Companies by Fortune Small Business in 2006 and one of Fortune’s 100 Fastest-Growing Companies for three consecutive years, as well as its expansions into Europe, Canada and Australia. Additionally, PRA Group was named one of Forbes’s Best Midsize Employers in America in 2016. Inside Business also highlights the millions PRA Group has donated towards strengthening communities around the world since the launch of its Corporate Giving program in 2004.
For 25 years, PRA Group has focused on redefining the nonperforming loan industry by helping consumers improve their financial futures, creating fulfilling careers for its employees, and paying it forward by giving back to the community. Through its growth, it has remained true to its core values, which will guide its progress into the next 25 years and beyond.
“Collaborating with our customers and doing things the right way for the long term has been our guiding principle since inception,” said PRA Group’s President and CEO Kevin Stevenson. “As I think about the future, we intend to continue to rely on the long-term approach that has guided our success for more than two decades.”
Read the full article in Inside Business’ Anniversary Issue.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.
Senior Vice President, Communications and Public Policy
Darby Schoenfeld, CPA
Vice President, Investor Relations