Firstsource Solutions Acquires American Recovery Services, Inc.
December 30, 2021
Firstsource Solutions Limited has agreed to acquire American Recovery Services, Inc. (ARSI), a nationwide legal collections network headquartered in Southern California. The acquisition adds legal-stage collections capabilities to Firstsource’s U.S. receivables management offering, strengthening its end-to-end debt recovery services for banks, financial institutions and fintech clients.
- Targets
- American Recovery Services, Inc.
- Industry
- Professional Services
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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.
-
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.
-
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.
-
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.
-
Firstsource Solutions Ltd Acquires MedAssist Inc for $330 million
August 29, 2007
Healthcare Services
Firstsource Solutions Ltd has acquired U.S.-based MedAssist Inc for $330 million, funded primarily by $275 million of debt raised by its U.S. subsidiary and internal accruals. The deal expands Firstsource's U.S. healthcare capabilities by adding provider-side revenue cycle management services (serving hospitals and physician groups) to its existing payor-side presence.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.