Earlier this week, Remitter completed the acquisition of Mercantile Adjustment Bureau. I am proud that Kaulkin Ginsberg advised Mercantile in this transaction. Merger and acquisition (M&A) activity in the U.S. is strong among financial and strategic-type buyers alike. The tactical fit between these two companies is apparent. Credit and collection professionals are actively seeking ways to enhance the payment processing experience for consumers. By combining Remitter’s digital payment platform with Mercantile’s established collection capabilities, credit grantors will be better positioned to improve their recovery results.
The full press release is linked here.