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
- Industry
- Financial Services
- Location
- Louisiana, United States
- Transaction Type
- Buyout
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