DDM was founded in 2007 and went through a start-up phase in its first two years to establish the company, making its initial investments in Russia in August 2008.
From 2009 to 2012 DDM recruited key personnel, created business processes and developed its IT system. In 2013, DDM embarked on its strategy to significantly scale up its operations after several years of strong financial performance and proof of concept. Part of this strategy was to raise new equity and debt capital.
Following a new issue of 2.6 million shares, DDM Holding AG was listed on Nasdaq First North in Stockholm, Sweden in August 2014. DDM has broadened its geographic scope by entering Slovenia and Poland in 2014 and in Hungary in 2015. In July 2016 DDM completed a landmark acquisition in Slovenia and issued its first Euro denominated bond.
DDM was created by a group of individuals that had previously successfully built a similar company in Zug, Switzerland. The management team has more than 50 years combined experience in the distressed asset industry and has overseen many thousands of transactions in more than 25 countries. In addition, the management team has particular strengths in roll-out of a business model to new countries with a strong central function for the core processes (data management, analysis, performance and financial control).