Tag Archives: M&A

TSI Buys Assets From Performant

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 …

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How Hunstein and Tax Code Changes Are Impacting ARM M&A Market

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 …

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Repay to Buy BillingTree for $503M

Repay Holdings Corp., a payment processing company, announced yesterday that it is purchasing BillingTree, another payment processing company, for $503 million in cash and stock. Repay is looking to leverage BillingTree’s technology and presence in a number of verticals, including the accounts receivable management space, to help fuel the company’s …

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ARM M&A Activity Remains Strong in 1Q: CAS

The number of merger and acquisition deals in the accounts receivable management industry nearly doubled in the first quarter of 2021, compared with the same period last year, and the total deal value nearly increased by 20%, according to data released by Corporate Advisory Solutions, which released its comprehensive quarterly …

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Profits For 2020 Up at Encore Capital Group

Profits for all of 2020 were up at Encore Capital Group even though it made less money in the fourth quarter than it did in the same period a year earlier, according to the company’s quarterly financials that were released yesterday. Even though the company spent 34% less on portfolio …

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Provana Acquires Greenlight Office Solutions

February 8, 2021 | Chicago, Illinois — Provana, a leading provider of best-in-class technology solutions is proud to announce its acquisition of Greenlight Office Solutions. ¬†Greenlight, a boutique software development and consulting company is known for delivering custom automation solutions for companies within the ARM industry.¬† Provana, headquartered in Chicago, …

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