M&A Deal Summary

Credence Acquires Receivable Solutions Specialist

On January 8, 2019, Credence acquired business services company Receivable Solutions Specialist

Acquisition Highlights
  • This is Credence’s 1st transaction in the Business Services sector.
  • This is Credence’s 1st transaction in the United States.
  • This is Credence’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2019-01-08
Target Receivable Solutions Specialist
Sector Business Services
Buyer(s) Credence
Deal Type Add-on Acquisition

Target

Receivable Solutions Specialist

Natchez, Mississippi, United States
Receivable Solutions Specialist, Inc. is a receivables management firm provides of asset recovery services, business office staffing, payment monitoring services, and revenue cycle consulting. Receivable Solutions Specialist is based in Natchez, Mississippi.

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Buyer(S) 1

Buyer

Credence

Dallas, Texas, United States
Category Company
Founded 2014
Sector Business Services
DESCRIPTION

Credence provides Compliant Business Solutions for Accounts Receivables Management and Asset Protection for healthcare, telecommunication, and retail industry verticals. Credence offers right-shore solutions leveraging arbitrage and technology to produce a hybrid engagement model that permits intensive efforts to improve liquidation performance while being sensitive to customer experience and regulatory compliance. Credence was founded in 2014 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Mississippi) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

Legal