SBJ-backed ALS Resolvion and TZP's Del Mar merge
ALS Resolvion, which is backed by Spanos Barber Jesse & Co and Del Mar Recovery Solutions, a portfolio company of TZP Group, have merged. The combined company will operate under the Resolvion name and form a automotive collateral recovery solutions provider. No financial terms were disclosed. Michael Levison, CEO of ALSR, will remain CEO while Del Mar CEO Josh Elias, will become president. Both SBJ and TZP have rolled all of their ownership in the merger.
19 November 2019•4 mins read
