M&A Deal Summary

Transworld Systems Acquires ACT

On June 4, 2021, Transworld Systems acquired financial services company ACT

Acquisition Highlights
  • This is Transworld Systems’ 2nd transaction in the Financial Services sector.
  • This is Transworld Systems’ 6th transaction in the United States.
  • This is Transworld Systems’ 1st transaction in Ohio.

M&A Deal Summary
Date 2021-06-04
Target ACT
Sector Financial Services
Buyer(s) Transworld Systems
Deal Type Add-on Acquisition

Target

ACT

Kings Mills, Ohio, United States
ACT offers debt management and collection services. ACT provides client and account holder, proprietary skip tracing, default prevention and aversion, and timed collection notice services. ACT was founded in 1990 and is based in Kings Mills, Ohio.

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Buyer(S) 1

Buyer

Transworld Systems

Lake Forest, Illinois, United States
Category Company
Sector Business Services
DESCRIPTION

Transworld Systems is a provider of technology-enabled Business Process Outsourcing (BPO) and Accounts Receivable Management (ARM) in North America.

DEAL STATS #
Overall 6 of 6
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ohio) 1 of 1
Country (United States) 6 of 6
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-24 Performant Financial - Certain Assets

Livermore, California, United States

Performant customer assets will allow expanding government, healthcare revenue cycle management, and financial services collection business.

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