M&A Deal Summary

Norris Equity Partners Acquires Receive Revenue Recovery

On February 24, 2017, private equity firm Norris Equity Partners acquired business services company Receive Revenue Recovery

Acquisition Highlights
  • This is Norris Equity Partners’ 1st transaction in the Business Services sector.
  • This is Norris Equity Partners’ 3rd transaction in the United States.
  • This is Norris Equity Partners’ 3rd transaction in Indiana.

M&A Deal Summary

Date 2017-02-24
Target Receive Revenue Recovery
Sector Business Services
Buyer(s) Norris Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Receive Revenue Recovery

South Bend, Indiana, United States
Receive Revenue Recovery is a provider of professional receivables management and collections firm that offers clients maximize cash flows and is expertise in providing best-in-class solutions for the accounts receivable recovery market. Receive Revenue Recovery was founded in 1999 and is based in South Bend, Indiana.

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Buyer(S) 1

DESCRIPTION

Norris Equity Partners is a private equity firm focused on small company investments and acquisitions across the Midwest US. The Firm pursues companies in the manufacturing, distribution, and services sectors and targets opportunities valued from $250K to $5 million. Norris Equity Partners was formed in 2015 and is based in South Bend, Indiana.


DEAL STATS #
Overall 3 of 4
Sector: Business Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 2
State: Indiana M&A 3 of 3
Country: United States M&A 3 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-01 Royal Excursion

Mishawaka, Indiana, United States

Royal Excursion is a provider of charter bus and luxury transportation services. Royal Excursion was founded in 1998 and is based in Mishawaka, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Fawn River

Constantine, Michigan, United States

Fawn River is a vertically integrated seed-to-sale cannabis company focused on cultivating and providing quality cannabis flowers and premium products. Fawn River is based in Constantine, Michigan.

Buy -