PE-backed United Recovery Buys AID Associates

United Recovery Systems, which is backed by the Audax Group, has acquired the businesses of AID Associates Inc., which runs collection services companies Plaza Associates and A.C.B. American. Houston-based United Recovery Systems provides a third-party contingency debt collection services for credit card companies, auto loan companies and retail companies. Terms were not released. Audax bought United Recovery in 2008.

2 November 2011•2 mins read
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