Add-on Acquisition • Business Services

Revco Solutions Acquires ARMC Financial Services

On March 18, 2021, Revco Solutions acquired business services company ARMC Financial Services

Acquisition Context

This is Revco Solutions’ 2nd transaction in the Business Services sector.
This is Revco Solutions’ 2nd transaction in the United States.
This is Revco Solutions’ 1st transaction in New Jersey.

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M&A Deal Summary
Date	March 18, 2021
Target	ARMC Financial Services
Sector	Business Services
Buyer(s)	Revco Solutions
Deal Type	Add-on Acquisition

Target Company

ARMC Financial Services

Oradell, New Jersey, United States

ARMC Financial Services is a healthcare revenue cycle management company that specializes in denials management, helping hospitals collect revenue that is improperly denied by insurance carriers. ARMC Financial Services was founded in 1989 and is based in Oradell, New Jersey.

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Buyer Overview 1

Buyer

Revco Solutions

Columbus, Ohio, United States

Category	Company
Founded	1948
Sector	Business Services

DESCRIPTION

Revco Solutions is a revenue cycle management company serving hospitals, physician groups and other constituents in the healthcare community and to a limited extent, governments, utilities and retailers. Revco Solutions was founded in 1948 and is based in Columbus, Ohio.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Business Services	2 of 2
Type: Add-on Acquisition	1 of 1
State: New Jersey	1 of 1
Country: United States	2 of 2
Year: 2021	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2020-10-23	Professional Recovery Consultants Durham, North Carolina, United States Professional Recovery Consultants is a revenue cycle management company serving hospitals, physician groups, and other constituents in the healthcare community and to a limited extent, governments, utilities, and retailers. Professional Recovery Consultants is based in Durham, North Carolina.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2020-10-23

Professional Recovery Consultants

Durham, North Carolina, United States

Professional Recovery Consultants is a revenue cycle management company serving hospitals, physician groups, and other constituents in the healthcare community and to a limited extent, governments, utilities, and retailers. Professional Recovery Consultants is based in Durham, North Carolina.

Buy

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