GTCR Acquires Concord Servicing from Inverness Graham

Inverness Graham Acquires Concord Servicing

February 15, 2022

Financial Services

Inverness Graham, a private investment firm based in Wayne, Pennsylvania, has acquired Concord Servicing Corporation, a Scottsdale, Arizona–based provider of loan servicing and custom financial technology solutions serving the solar, home efficiency and vacation loan markets. The deal is the fourth platform investment for Inverness Graham IV; financial terms were not disclosed.

Inverness Graham Acquires Concord Servicing; Balance Point Provides Financing

February 15, 2022

Financial Services

Inverness Graham has invested in Concord Servicing Corporation, partnering with the company's founding owners to support scaling of its loan servicing and SaaS platform. Balance Point Capital provided a creative financing solution to facilitate Inverness Graham's acquisition; Concord remains headquartered in Scottsdale, Arizona and serves originators, lenders and capital providers across end markets including home improvement, solar/energy efficiency and vacation ownership.

Concord Servicing Acquires Orion First

June 18, 2025

Financial Services

Concord Servicing has acquired Orion First, a specialist in commercial loan and lease portfolio management and analytics, marking Concord's first acquisition since GTCR's investment in December 2024. The deal expands Concord's capabilities into commercial finance and equipment lease servicing, creating a combined platform with over $35 billion in managed assets and retaining Orion's leadership team.

Concord Servicing Acquires Equiant Financial Services

August 30, 2023

Financial Services

Concord Servicing, a portfolio company of Inverness Graham, has acquired Equiant, a Chandler, Arizona-based loan servicer with a $1.5 billion loan portfolio and more than 175,000 consumer loans. Balance Point Capital Advisors provided follow-on financing to Concord to facilitate the transaction; terms were not disclosed.

GTCR Acquires Global Claims Services

August 26, 2021

Insurance

Chicago-based private equity firm GTCR has closed its acquisition of Global Claims Services (GCS), a Jacksonville, Florida–headquartered InsurTech that provides mobile-first building component evaluation and claims decision-support tools to P&C carriers. GTCR will partner with GCS management and commit incremental equity to support organic growth and M&A activity as it scales GCS’s technology-enabled, data-driven solutions.

GTCR Acquires Innovative Systems

August 27, 2025

Software

GTCR has acquired Innovative Systems, a mission-critical enterprise software provider for regional broadband providers, from Alpine Investors. GTCR is partnering with technology executive Scott Alcott, who joins as CEO, and plans to invest in the Company's OSS/BSS, payments and billing capabilities and pursue organic growth and M&A to expand the product suite.