Aditya Birla Minacs acquires Bureau of Collection Recovery
June 3, 2010: Rockville, MD – Kaulkin Ginsberg Company today announced the acquisition of Bureau of Collections Recovery (BCR), a leading accounts receivable management company that has served the credit industry for over 25 years, by Aditya Birla Minacs, a global business solutions company and a subsidiary of Aditya Birla Nuvo Ltd. Kaulkin Ginsberg served as the strategic advisor to BCR.
With this acquisition, Minacs’ clients will now have access to BCR’s team of collections experts and its experienced top management.
BCR established itself in this specialized market with a strong base of marquee clients in the banking, financial services, and telecom sectors, providing services in first‐party, early‐out, and third‐party collections across various stages of delinquency, as well as in pre charge‐off, primary, and secondary post charge‐off collections.
According to Mark Russell, lead advisor on the transaction from Kaulkin Ginsberg, “Aditya Birla Minacs is the ideal strategic buyer for BCR, as they can leverage BCR’s existing client base, proprietary technology and operational infrastructure to generate substantial growth opportunities.”
“This is Minacs’ second acquisition in three months and demonstrates our commitment to the strategic mission of building new capabilities,” said Deepak Patel, CEO of Aditya Birla Minacs. “In addition to its proven expertise, BCR has a very strong operating model with a consistently growing top and bottom line. Its capabilities are adjacent to Minacs’ core customer lifecycle services and enhance our ability to successfully win and deliver end‐to‐end solutions to our clients.”
Blake Rice, Founder of BCR who is exiting the company added, “I am delighted to see BCR become part of a global growth engine, and am confident that together BCR and Aditya Birla Minacs will bring longterm shareholder value.”
Post-acquisition, BCR will operate as a subsidiary of Aditya Birla Minacs. BCR’s centers in Eden Prairie and Willmar, Minnesota will join Minacs’ global network of 30 delivery centers across 3 continents delivering business solutions to its clients.
Mark Russell ‐ Director
The American Health Care Act: Potential Effects on ARM
March 20, 2017
Seven years after former President Barack Obama signed his signature bill, The Patient Protection and Affordable Care Act (ACA), there may actually be a repeal and replacement bill, hopefully fixing some of the problems incurred through the ACA. However, It's not clear whether this new bill will correct all of the problems associated with the ACA without creating a few new problems of its own. ....» see this post » all posts
Semiannual Employment Outlook for Q4 2016: Continued Optimism
March 17, 2017
Kaulkin Ginsberg's market intelligence team is optimistic about the current U.S. employment environment, specifically as it relates to the ARM industry. Overall, we believe the data suggests a significant increases in consumer spending will take place that will eventually drive debt accumulation throughout the economy, and thereby increasing revenue potential for the ARM industry.....» see this post » all posts
Will a Reduction in the Fed's Mortgage-Bond Holdings Impact Enterprise Business Valuations?
March 8, 2017
Since the Great Recession, key interest rates have been artificially low due to the Fed's QE plan, but as the Fed begins to sell MBS on the open market and decreases the size of its balance sheet, interest rates are expected to increase above and beyond changes in the federal funds rate. Without a doubt, this will have a significant impact on the U.S. economy, the ARM industry, and enterprise business valuations in 2017 and beyond.....» see this post » all posts
ACA of Texas Publishes "Three Critical Healthcare Industry Trends for Outsourced Business Services" in its Winter 2017 Magazine
March 16, 2017
The ACA of Texas Publishes "Three Critical Healthcare Industry Trends for Outsourced Business Services" by Kaulkin Ginsberg in its Winter 2017 Magazine. Kaulkin Ginsberg details its belief that the growth in patient lending and financing programs, clinical integration networks, and physician quality reporting systems for the Centers for Medicare and Medicaid Services (CMS) could have profound effects on companies focused on servicing healthcare providers in 2017 and beyond.....
ACA of Texas Publishes "M&A Trends in the U.S. ARM Industry" in its Winter 2017 Magazine
March 15, 2017
The ACA of Texas Publishe "M&A Trends in the U.S. ARM Industry" an article by Kaulkin Ginsberg in its Winter 2017 Magazine. This article examines the key trends and developments driving M&A activity in the U.S. ARM industry by market segment.....
Mike Ginsberg Leading Panel Discussion at DBA International 20th Anniversary Conference
February 1, 2017
Mike Ginsberg, President and CEO of Kaulkin Ginsberg, will be speaking in a panel discussion on Trends in Debt Buying on Wednesday, February 8th at the DBA International 20th Anniversary Conference in Las Vegas, Nevada....