Astira Capital Partners Acquires Altus Commercial Receivables

September 18, 2025

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.

Buyers
Astira Capital Partners
Targets
Altus Commercial Receivables
Sellers
ARMStrong Receivable Management, BharCap Partners
Location
Louisiana, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.