Symbos is a growing provider of specialised business process outsourcing (BPO) services for a longstanding blue-chip customer base. The business has built trusted relationships with Australia’s largest banks, insurers, utilities and telecommunication providers.

Symbos has a broad service offering including credit collections, CX, insurance claims recovery, insource solutions and legal services and trades through its brands RecoveriesCorp, Mason Black + Mendelsons and Debtrak.

In April 2024, Allegro acquired Symbos (then called ‘Nutun Australia’) from its parent company, Nutun South Africa. Allegro is represented on the board of Symbos by Chester Moynihan, Jeremy Trouncer, and Theodore Sun.

Symbos is the fourth investment in Allegro Fund IV.