Cadex (with Trivest) Acquires Receivables Control Corporation (RCC)
September 24, 2024
Cadex Solutions Corporation, in partnership with private equity firm Trivest Partners LP, has acquired Receivables Control Corporation (RCC), a Maple Grove, Minnesota-based commercial debt recovery and accounts receivable management firm. The acquisition is an add-on to Cadex’s order-to-cash platform intended to broaden its commercial collections, asset recovery and liquidation capabilities and expand its global service offering.
- Buyers
- Cadex Solutions Corporation, Trivest Partners LP
- Targets
- Receivables Control Corporation
- Sellers
- Receivables Control Corporation shareholders (including President/CEO Luke Vidor)
- Platforms
- Cadex Solutions Corporation
- Industry
- Financial Services
- Location
- Minnesota, United States
- Transaction Type
- Addon
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