Investor directory

Primeritus Financial Services

Primeritus Financial Services is a national provider of repossession management and related services for the auto finance industry in the United States and Puerto Rico. The company specializes in offering outsourced repossession management, remarketing, title services, and skip tracing solutions. By utilizing a nationwide network of certified agents and employing unique investigative techniques, Primeritus Financial Services helps clients efficiently recover collateral while allowing them to focus on their core business functions. Its services are designed to enhance existing recovery efforts for credit lenders, providing valuable support in the collateral recovery process.

Top Stages

Acquisition
http://www.primeritus.com
https://crunchbase.com/organization/primeritus-financial-services
https://facebook.com/2070821229826847
https://linkedin.com/company/primeritus-financial-services-inc
https://pitchbook.com/profiles/company/54674-02
https://twitter.com/primeritus
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=172001617

Cameron Hitchcock

Co-Founder and Chairman

Past deals in Consolidation

Consolidated Asset Recovery Systems

Acquisition in 2019
Consolidated Asset Recovery Systems, Inc., based in Raleigh, North Carolina, specializes in software solutions for repossession management and asset recovery. Founded in 2005 by industry veterans, the company has developed the Internet Based Electronic Asset Management (IBEAM) system, which assists banks and dealers in tracking and recovering assets. Its range of services includes repossession management, remarketing, electronic invoice payment, skip tracing, audits, legal demand letter creation, and field assistance. The company operates a vast network of recovery agents across the United States, serving lenders, dealers, and recovery agents. Since its inception, Consolidated Asset Recovery Systems has experienced significant growth and has established itself as a leader in the repossession and remarketing industry, recognized for its compliance and flexibility in adapting to clients' needs. As of 2019, it operates as a subsidiary of Primeritus Financial Services, Inc.
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