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

Meduit Acquires JP Recovery Services (JPRS)

December 5, 2022

Healthcare Services

Meduit, a Charlotte-based healthcare revenue cycle solutions company, announced that JP Recovery Services (JPRS) has joined the Meduit organization. The merger adds JPRS’s accounts receivable management, billing and extended business office capabilities to Meduit’s suite of RCM services; JPRS owners John Beirne and John Murray are transitioning into consulting roles ahead of retirement.

Longshore Capital Partners Makes Strategic Investment in Professional Recovery Consultants

August 13, 2019

Healthcare Services

Longshore Capital Partners completed a strategic investment in Professional Recovery Consultants (PRC), a Durham, North Carolina-based revenue cycle management and collections services provider serving hospitals, physician groups, government agencies, utilities and financial services clients. Longshore said it will support PRC’s growth through investments in people and technology and pursue strategic add-on acquisitions to expand the business.

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.

GB & Partners Acquires Majority Stake in Parking Revenue Recovery Services (PRRS)

August 2, 2021

Transportation

GB & Partners Investment Management, together with portfolio company Asura Technologies, acquired a majority stake in Parking Revenue Recovery Services (PRRS). The investment pairs PRRS's 20 years of parking enforcement and collections expertise with Asura's AI-based video analytics and license-plate-recognition technology to accelerate ARC/ARC360 installations and expand PRRS's North American footprint.

Physical Rehabilitation Network Acquires Professional Rehabilitation Associates

April 16, 2021

Healthcare Services

Physical Rehabilitation Network (PRN), a Carlsbad-based physical therapy provider and portfolio company of Gryphon Investors, acquired Professional Rehabilitation Associates, PSC (PRA), adding three outpatient clinics and management of one inpatient physical therapy center in Kentucky. The deal expands PRN's national footprint to roughly 150 clinics across 14 states and marks PRN's entry into the Kentucky market.

One80 Intermediaries Acquires Professional Risk Solutions

February 15, 2022

Insurance

One80 Intermediaries, a specialty insurance broker headquartered in Boston, has acquired Professional Risk Solutions (PRS), a New Jersey–based wholesale brokerage focused on management, professional and cyber liability. The acquisition strengthens One80’s professional lines capabilities, carrier relationships and white-label program offerings; terms were not disclosed.