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.

Cameron Hitchcock

Co-Founder and Chairman

4 past transactions

Consolidated Asset Recovery Systems

Acquisition in 2019
Consolidated Asset Recovery Systems, Inc. is a software development company based in Raleigh, North Carolina, specializing in repossession management and marketing solutions for lenders, dealers, and recovery agents. Founded in 2005, the company has created the Internet Based Electronic Asset Management (IBEAM) technology to facilitate the tracking and recovery of assets. Their offerings include repossession management, electronic invoicing, skip tracing, audits, legal demand creation, and automated notifications. With a network of recovery agents across the United States, the company ensures compliance and quality in asset recovery services. Consolidated Asset Recovery Systems has experienced significant growth, positioning itself as a trusted partner for many service providers in the industry. Its commitment to transparency and adaptability allows lenders to manage their underperforming assets efficiently, supported by a comprehensive suite of software and services. As of April 2019, it operates as a subsidiary of Primeritus Financial Services, Inc.

Global Investigative Services

Acquisition in 2017
Global Investigative Services, LLC specializes in investigations and collateral recovery services for both Fortune 500 companies and small finance firms across the United States. Founded in 1997 and based in Rockwall, Texas, the company offers a range of services, including vehicle skip tracing, equipment recovery, and professional investigative support tailored to the needs of insurance companies, banking institutions, and legal professionals. Their offerings encompass secure account management, timely updates, and verification services, ensuring comprehensive support for clients navigating financial recoveries. Global Investigative Services operates nationwide and provides customized service plans to enhance performance and meet diverse client requirements. The company is a subsidiary of Primeritus Financial Services, Inc. since February 2017.

Roquemore & Roquemore

Acquisition in 2016
Roquemore & Roquemore, Inc. specializes in collateral location and skip tracing services for various financial institutions, including banks, credit unions, and sub-prime lenders. Established in 1985 and headquartered in Garland, Texas, the company employs advanced technology and rigorous processes to enhance the efficiency and effectiveness of its services. Roquemore offers a range of solutions, including collateral repossession management, re-marketing, portfolio management, and document management. Its commitment to innovation and adaptability enables Roquemore to achieve superior recovery rates, positioning the company as a trusted partner for lenders seeking reliable and professional skip tracing services. As of January 2016, Roquemore operates as a subsidiary of Primeritus Financial Services, Inc.

Repo Remarketing

Acquisition in 2014
Repo Remarketing specializes in assisting credit unions and financial institutions with the liquidation of their assets. The company provides comprehensive services in vehicle transition, recovery management, skip tracing, and asset liquidation. By offering full-service repossession and remarketing solutions, Repo Remarketing facilitates the efficient management of recovered assets, ensuring that institutions can effectively convert these assets into liquid capital. This service is essential for credit unions of all sizes looking to optimize their asset recovery processes and improve their financial performance.
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