Firstsource Solutions Acquires American Recovery Services, Inc.

First Onsite Property Restoration Acquires All Restoration Solutions (ARS)

April 2, 2024

Construction

First Onsite Property Restoration has acquired All Restoration Solutions, LLC to expand its presence in the Atlanta, Georgia metropolitan area. ARS operates three locations in Georgia and one in South Carolina and provides commercial-focused services including reconstruction, mitigation, capital improvement and roofing; financial terms were not disclosed.

AssuredPartners Acquires American Risk Services, LLC

December 13, 2021

Insurance

AssuredPartners, Inc. has acquired American Risk Services, LLC (ARS), a Cincinnati-based insurance brokerage with a 32-person team and approximately $20 million in annualized revenue. The ARS founders and leadership will remain with the business as AssuredPartners expands its Ohio footprint as part of continued national growth.

Firstsource Solutions Acquires Quintessence Business Solutions & Services

May 3, 2024

Healthcare Services

Firstsource Solutions Limited has acquired Quintessence Business Solutions & Services Pvt. Ltd., an India-based revenue cycle management (RCM) services and technology provider. The acquisition expands Firstsource's AI-enabled end-to-end RCM capabilities and offshore delivery footprint to better serve US hospitals, physician practices, and integrated health systems.

Vital Recovery Services Acquires Clients of Nations Recovery Center

September 10, 2019

Financial Services

Vital Recovery Services (VRS), a Fusion BPO Group company, has acquired the client portfolio of Nations Recovery Center (NRC). The deal transfers NRC's debt-collection clients across banking, commercial, medical and retail sectors to VRS as part of VRS/Fusion's ongoing growth-through-acquisition strategy.

Med-Metrix Acquires Healthcare Receivable Specialists (HRSI)

July 15, 2024

Healthcare Services

Med-Metrix, a PE-backed revenue cycle management (RCM) platform, has acquired Healthcare Receivable Specialists, Inc. (HRSI), a Philadelphia-area provider of Medicaid eligibility and patient access services. The add-on expands Med-Metrix's end-to-end RCM capabilities and is backed by A&M Capital Partners; financial terms were not disclosed.

Firstsource Solutions Limited Acquires PatientMatters

December 22, 2020

Healthcare Services

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company, has acquired PatientMatters, a Century Equity Partners portfolio company and US-based provider of healthcare Revenue Cycle Management (RCM) solutions. The acquisition strengthens Firstsource's provider business by adding PatientMatters' pre-authorization and patient bill-estimation capabilities and expands its presence in large US markets such as Texas and New York.