Jefferson Capital now has 720 employees in 10 offices from Denver to San Antonio, Texas, London and Toronto.

Most of the accounts it acquires have been charged off by the companies after multiple attempts to collect, but Jefferson also acquires some current accounts.

Jefferson Capital also acquires accounts through bankruptcy proceedings.

In a deal last fall, the company spent $340 million to acquire the consumer accounts of two furniture firms in the southwest United States, Conn’s and Badcock Home Furniture & More, that had filed for Chapter 11 bankruptcy protection.

Conn’s and Badcock provided in-house financing for its customers. In the deal, Jefferson added about 200 Conn’s and Badcock employees to its collections office in San Antonio.

“This transaction is another important moment for Jefferson Capital, showcasing the dedication, expertise, and collaborative spirit that define our company,” said Burton in a news release. “It fits well within our capabilities to service and collect on low balance subprime accounts in a wide variety of asset classes.”