Primeritus Financial Services

Primeritus Financial Services is a national provider of repossession management, remarketing, title services and skip tracing services to the auto finance industry in the U.S. and Puerto Rico. Primeritus Financial Services provides clients with value-added, outsourced repossession management and skip tracing services, leveraging a national network of certified agents and unique investigative techniques to quickly and reliably secure customers’ collateral.

Cameron Hitchcock

Co-Founder and Chairman

4 past transactions

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
GIS provides vehicle skip tracing services, equipment recovery and investigative services to the finance community.We offer a nationwide coverage area and customized service plans available to fit each client's needs, offering superior service and performance.

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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