B-Line is a leading provider of consumer bankruptcy debt purchasing, processing, and recovery services. The Company services Chapter 7 and Chapter 13 bankruptcy debt both for its own account and on an outsourced basis. B-Line's unique automated processing capabilities and servicing expertise have made it the provider of choice for leading credit card companies and durable consumer goods creditors.
B-Line was acquired by Sherman Financial Group on November 15, 2011.
Join Mergr to view all 172 acquisitions of financial services companies in 2011, including 42 acquisitions by private equity firms, and 130 by strategics.
Out of 60 sectors in the Mergr database, financial services ranked 7 in number of deals in 2011. The largest financial services acquisition in 2011 was ING Direct USA - which was acquired by Capital One Financial for $9.0B.
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