Duncan Solutions Completes Sale of Pioneer Credit Recovery

Pioneer Bancorp Acquires Targeted Lending Co., LLC to Launch Specialty Financing Division

April 24, 2026

Financial Services

Pioneer (NASDAQ: PBFS) acquired 100% of the membership interests in Targeted Lending Co., LLC, an independent equipment financing company with about $120 million of loans on its balance sheet. The all-cash deal (about $140 million enterprise value, subject to earn-out adjustments) closed on April 24, 2026, and Targeted Lending will operate as Pioneer’s newly formed Specialty Financing division.

Waste Connections Acquires Pioneer Recycling Services from Delos Capital and The Silverfern Group

May 2, 2024

Environmental Services

Waste Connections, through a subsidiary, has acquired Pioneer Recycling Services, LLC, a Tacoma-based operator of co-mingled residential recycling and materials recovery facilities, from private equity owners Delos Capital and The Silverfern Group. The sale expands Waste Connections' recycling and materials recovery footprint in the Pacific Northwest and follows Delos and Silverfern's operational investments in state-of-the-art equipment and facilities at Pioneer.

Salt Creek Capital Acquires Pioneer Industrial Sales

December 5, 2023

Industrial Services

San Francisco Bay Area-based private equity firm Salt Creek Capital has acquired Pioneer Industrial Sales, a distributor of power transmission, MRO, material handling and packaging products. The founders Chris Price and Jerry Nowlin will transition leadership to incoming CEO Hank Pennington as Salt Creek works with management to expand the business and pursue growth opportunities across its customer base and product portfolio.

Complete Recovery Corporation Acquires Prince Parker & Associates, Inc.

March 1, 2022

Healthcare Services

Complete Recovery Corporation, an asset recovery and collections services provider based in Utah, acquired Prince Parker & Associates, Inc., a Charlotte-based accounts receivable services firm that serves the healthcare industry. The acquisition expands Complete Recovery's payment-recovery and asset-recovery capabilities into healthcare verticals and brings Prince Parker's compliance and medical billing expertise into the buyer's service offering.

Pivotree Acquires Bridge Solutions Group

August 26, 2021

IT Services

Pivotree Inc. entered into a definitive agreement to acquire Bridge Solutions Group Corp., a supply-chain service provider specializing in order management, warehouse management (Yantra WMS/IMS/Control Tower) and application integration. The total purchase consideration is USD$6.0 million (USD$5.0 million cash plus 194,459 common shares) with potential earn-outs tied to gross profit growth; the deal expands Pivotree's end-to-end frictionless commerce and supply chain capabilities.

Credit Control, LLC Acquires Professional Recovery Services, Inc. (PRS)

July 10, 2015

Financial Services

Credit Control, LLC completed the acquisition of Professional Recovery Services, Inc. (PRS) (effective December 1, 2013) and announced full integration of PRS operations under the Credit Control name on July 10, 2015. The acquisition adds PRS's receivables management capabilities and client relationships (notably in healthcare, utilities, financial services and retail) and increases Credit Control's scale and technical capabilities.