DALLAS, Jan. 8, 2015 /PRNewswire/ -- Deloitte Corporate Finance LLC ("DCF") acted as the financial advisor to MRS BPO, LLC ("MRS") on its investment in American Capital Recovery, Inc. ("American Capital Recovery").
With MRS' investment in American Capital Recovery, MRS will be able to expand its consumer debt collection and business process outsourcing services into complementary verticals including utilities and logistics. Additionally, American Capital Recovery will provide MRS with access to an established customer base of blue-chip commercial utility providers.
"We are excited to partner with American Capital Recovery and believe that combining their existing businesses with MRS' state-of-the-art platform will allow us to offer a more comprehensive set of services to our customers," said Jeff Freedman, co-chief executive officer, MRS BPO, LLC. "American Capital Recovery's superior customer service and entrepreneurial spirit made them an ideal partner for MRS."
Saul Freedman, co-chief executive officer of MRS BPO, LLC added, "DCF's knowledge and experience in the business process outsourcing and debt collection industry enabled us to better understand the complex landscape in which American Capital Recovery operates. DCF's leadership, experience and industry access were vital to accomplishing the transaction."
"We are proud to provide strategic advice to MRS. Identifying a partner for MRS that also leverages advanced technology and data analytics in its collections process was key," said Jamie Lewin, managing director, Deloitte Corporate Finance LLC.
About MRS BPO, LLC
MRS BPO, LLC is a full service accounts receivable management firm based in Cherry Hill, New Jersey. The Company's unique combination of experience, technology, and compliance management processes allows them to provide industry-leading debt recovering solutions while enhancing their client's brand and reputation. For more information, visit MRS BPO, LLC website at www.mrsbpo.com.
About American Capital Recovery, Inc.
American Capital Recovery is a full service commercial collections agency with a variety of clients primarily in the utilities sector. Founded in 2009, American Capital Recovery has quickly become a leader in the commercial utility collection industry. American Capital Recovery offers a broad range of debt recovery services leveraging a combination of electronic skip tracing, letter series, on-site communication, and direct telecommunications. For more information, visit American Capital Recovery website at www.amcapr.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
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