Tag Archives: M&A

Mumbai, India, December 30, 2021: Firstsource Solutions Limited, a global provider of business process management (BPM) services and a RP-Sanjiv Goenka Group company, announced it has entered into an agreement to acquire American Recovery Services, Inc. (ARSI), a nationwide legal collections network headquartered in Southern California. The acquisition enhances Firstsource’s leadership …

Oxford, MS – November 2, 2021. Security Credit Services, (SCS) an Oxford, MS based nationally known and trusted purchaser of both performing and non-performing receivables, announces its acquisition of Jormandy, LLC, based in Norfolk, VA.   Jormandy, a purchaser and collector of receivables throughout the Commonwealth of VA, has always embraced …

MT. LAUREL, N.J., Sept. 27, 2021 /PRNewswire/ — Strategic Resource Alternatives (“SRA”), an industry-leading full-service receivables management and outsourcing firm, is pleased to announce the completion of an acquisition of J.J. Marshall & Associates, Inc., a Michigan-based recovery firm. SRA provides accounts receivable management, debt recovery, BPO, call center & letter service solutions, …

CHICAGO, Sept. 13, 2021 — TransUnion has signed a definitive agreement to acquire Neustar, a premier identity resolution company with leading solutions in Marketing, Fraud and Communications, from a private investment group led by Golden Gate Capital and with minority participation by GIC. The acquisition expands TransUnion’s powerful digital identity …

Monterey Financial Services announced earlier this week that it had purchased Continental Central Credit. Continental Central Credit is based in Carlsbad, Calif. Terms of the deal were not disclosed. Monterey offers debt buying, servicing, and delinquent debt recovery solutions. It was founded in 1989, according to the company’s website. “Continental …

The number of mergers and acquisitions in the accounts receivable management industry cooled in the second quarter, compared to the first three months of the year, according to data tracked by Corporate Advisory Solutions, but that was to be expected after a record-setting first quarter. Even though the number of …

InDebted, an Australian fintech company that made a splash in the United States earlier this year when it purchased Delta Outsource Group, has announced it has raised an additional $25 million of funding as it continues to expand across the globe. The $25 million will be used to help fund …

Transworld Systems Inc. (TSI) continued its acquisition binge last week, announcing on Friday evening that it had closed on its purchase of Account Control Technology Holdings, which had 20 offices and nearly 4,000 employees at one time. While terms of the deal were not disclosed, sources estimated that TSI paid …

For the second time in two months, Performant Financial Corp. has sold off some of its assets, this time selling parts of its business — including customer contracts — to Transworld Systems Inc. (TSI). Terms and specifics of the deal were not disclosed. Back in March, Performant announced it had …

Even the Hunstein ruling out of the Eleventh Circuit Court of Appeals will likely not be able to dampen enthusiasm for investors and others that are interested in merger and acquisition activity in the accounts receivable management industry, noted Michael Lamm of Corporate Advisory Solutions in the latest episode of …