Firstsource Solutions Acquires American Recovery Services to Enhance Debt Management Capabilities.
MANews-(C)2009-2022
India-based business process management services company Firstsource Solutions Ltd. (NSE: FSL)(BSE: 532809) has entered into an agreement to acquire California-based legal collections network American Recovery Services, Inc. (ASRI) to extend US debt recovery capabilities, the company said.
Terms of the transaction were not disclosed.
The acquisition enhances Firstsource's position in consumer debt management services by adding legal stage collections capabilities.
ARSI and Firstsource are pioneers in debt recovery compliance, using advanced technology and emphasising a positive consumer experience. These shared tenets add to the symmetry of this combination.
ASRI has provided legal collection services for over three decades through its nationwide partner network and in-house experts. Firstsource provides...
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