Johnson, Morgan & White Merges with Altus GTS Inc.

Astira Capital Partners Acquires Altus Commercial Receivables

September 18, 2025

Financial Services

Astira Capital Partners, a Boston-based private equity firm, has acquired Altus Commercial Receivables (Altus), a provider of commercial receivables management solutions. Altus was divested by ARMStrong Receivable Management, a BharCap Partners portfolio company; Astira said it will accelerate Altus' technology roadmap and scale the business to deliver improved working capital outcomes for clients. Terms were not disclosed.

Altisource Portfolio Solutions Acquires Granite Loan Management

October 28, 2016

Financial Services

Altisource Portfolio Solutions S.A. has acquired Granite Loan Management, LLC, a Centennial, Colorado-based construction loan disbursement, inspection and risk-mitigation services provider for lenders. The purchase expands Altisource's mortgage and lender-solutions capabilities by adding Granite's construction-lending portfolio management, inspection and fund-control services.

Transworld Systems Inc. Acquires Altisource Portfolio Solutions S.A.'s Financial Services Business

March 29, 2019

Professional Services

Transworld Systems Inc. (TSI) agreed to acquire Altisource Portfolio Solutions S.A.'s Financial Services business, including Nationwide Credit, Inc. (NCI), for $44 million. The deal (a carve-out/divestiture) expands TSI's accounts receivable management and customer-relationship-management capabilities and grows its global operations (U.S., India, Philippines), adding approximately 2,300 employees.

Momentum Telecom Acquires Altus Technology

February 8, 2021

Cloud & SaaS

Momentum Telecom completed its acquisition of Altus Technology, a Nashville-based provider of cloud-based unified communications solutions. The deal expands Momentum's UCaaS and managed network offerings and integrates Altus' team and customers into Momentum's global managed cloud services platform; terms were not disclosed.

TJC, L.P. Acquires Global Transport Solutions (GTS)

November 27, 2023

Logistics & Distribution

TJC, L.P. (The Jordan Company) has entered into a definitive agreement to acquire Global Transport Solutions Topholding B.V. (GTS), an international maritime-focused logistics and forwarding provider operating under the Marinetrans and Best Global Logistics brands. The investment will provide GTS with resources to support geographic expansion, strengthen its network and capabilities, and accelerate growth across time-critical maritime supply chain markets.

JTS Acquires AM Solutions

February 10, 2025

Marketing & Advertising

JTS, an integrated marketing services provider, has acquired AM Solutions, a Madison-area direct mail and printing specialist, and simultaneously relaunched its corporate brand (dropping "Direct") to reflect expanded capabilities. The deal keeps AM Solutions' Edgerton facility fully operational and brings high-speed inkjet, large-format printing, and intelligent inserting capabilities into JTS’s service offering to strengthen its direct mail, print, digital and data-driven marketing solutions.