M&A Deal Summary

Transworld Systems Acquires Altisource Portfolio Solutions S.A. - Financial Services Business

On March 29, 2019, Transworld Systems acquired business services company Altisource Portfolio Solutions S.A. - Financial Services Business from Altisource Portfolio Solutions for 44M USD

Acquisition Highlights
  • This is Transworld Systems’ 1st transaction in the Business Services sector.
  • This is Transworld Systems’ largest (disclosed) transaction.
  • This is Transworld Systems’ 1st transaction in the United States.

M&A Deal Summary
Date 2019-03-29
Target Altisource Portfolio Solutions S.A. - Financial Services Business
Sector Business Services
Buyer(s) Transworld Systems
Sellers(s) Altisource Portfolio Solutions
Deal Type Divestiture
Deal Value 44M USD

Target

Altisource Portfolio Solutions S.A. - Financial Services Business

United States
Altisource Portfolio Solutions S.A. - Financial Services Business is a provider of collections, customer relationship management and call center outsourcing for financial, retail credit, mortgage servicing, insurance, utility, and hospitality industries.

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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 1 of 6
Sector (Business Services) 1 of 4
Type (Divestiture) 1 of 4
Country (United States) 1 of 6
Year (2019) 1 of 4
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-07 Credit Bureau of Lancaster County - Collection Division Portfolio

Lancaster, Pennsylvania, United States

Credit Bureau of Lancaster County, Inc. - Collection Division Portfolio is a full-service contingency based collection agency. Using collection services as a final step to accounts receivable procedures maximizes recovery efforts while allowing your business staff to focus on new accounts.

Buy -

Seller(S) 1

SELLER

Altisource Portfolio Solutions

Luxembourg, Luxembourg
Category Company
Founded 1999
Sector Business Services
Employees1,071
Revenue 145M USD (2023)
DESCRIPTION

Altisource Portfolio Solutions provides services to some of the most respected organizations in their industries, including one of the nation’s largest sub-prime servicers, government agencies and many lenders, servicers, investors, mortgage bankers, credit unions, financial services companies and hedge funds across the country. Altisource Portfolio Solutions was founded in 1999 and is based in Luxembourg City, Luxembourg.

DEAL STATS #
Overall 1 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 3
Country (United States) 1 of 3
Year (2019) 1 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-13 REIsmart

Westminster, Colorado, United States

REIsmart LLC (dba Investability) is an online residential real estate search and acquisition platform that utilizes data and analytics to allow real estate investors to access the estimated cash flow, capitalization rate, net yield and market value on properties for sale in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Mortgage Builder Software

Southfield, Michigan, United States

Mortgage Builder Software, Inc. is a provider of Software as a Service (SaaS) based mortgage loan origination and servicing software systems. Mortgage Builder’s mortgage software solutions include origination, servicing, relationship management, production portal and electronic document management.

Sell -
Mergr

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