Consolidated Asset Recovery Systems
Acquisition in 2019
Consolidated Asset Recovery Systems is a software company based in Raleigh, North Carolina, specializing in solutions for the repossession and remarketing industry. Founded in 2005 by Steve Norwood and Terry Groves, the company develops Internet Based Electronic Asset Management (IBEAM) technology to track and recover assets for banks and dealers. Its services include repossession management, electronic invoicing, skip tracing, audits, legal demands, automated notices, and field assistance. The company supports a network of recovery agents across the United States and serves lenders, dealers, and repossession/recovery agents. Consolidated Asset Recovery Systems operates offices in California, Texas, Colorado, and Florida, with a team of 50 employees. It is known for its growth and profitability, adhering to compliant service providers and offering both software and services tailored to lenders' needs. The company has been recognized with numerous industry awards.
Global Investigative Services
Acquisition in 2017
Global Investigative Services, LLC specializes in providing comprehensive investigative and collateral recovery services primarily to Fortune 500 companies and small finance firms in the United States. Established in 1997 and based in Rockwall, Texas, the company offers a range of services, including skip tracing, vehicle and equipment recovery, and private investigations. Its offerings include secure account site drops, timely updates, status reports, and verification of active bankruptcy, tailored to the needs of insurance companies, banking institutions, and legal professionals. By utilizing licensed private investigators, Global Investigative Services ensures a nationwide coverage area and customizable service plans, aiming to deliver superior service and performance to its clients. As of early 2017, the company operates as a subsidiary of Primeritus Financial Services, Inc.
Roquemore & Roquemore
Acquisition in 2016
Roquemore & Roquemore, Inc., founded in 1985 and based in Garland, Texas, specializes in collateral location and skip tracing services tailored for banks, credit unions, insurance companies, and sub-prime lenders. As a subsidiary of Primeritus Financial Services, Inc., the company utilizes advanced technology and a systematic approach to enhance its skip tracing capabilities. Roquemore & Roquemore is recognized for its commitment to innovation and adaptability, which enable it to achieve superior recovery rates in the financial services sector. The company also offers collateral repossession management, re-marketing, portfolio management, and real-time workflow and document management services, ensuring comprehensive support for its clients in managing their assets effectively.
Repo Remarketing
Acquisition in 2014
Repo Remarketing is a company that offers comprehensive vehicle transition services, specializing in recovery management, skip tracing, and asset liquidation. It assists credit unions of all sizes in efficiently liquidating their assets through a full-service repossession and remarketing approach. By providing tailored solutions, Repo Remarketing supports financial institutions in managing their recovered assets, ensuring a streamlined process from recovery to resale. The company's expertise in the industry enables it to effectively serve the diverse needs of its clients.