Transworld Systems Inc. completes acquisition of Account Control Technology Holdings, Inc., cementing the company’s position as the largest Accounts Receivable Management (ARM) company in the United States
SEEWALD, Ill., June 4, 2021 / PRNewswire / –Transworld Systems Inc. (TSI), the largest technology-enabled provider of receivables management (ARM) solutions in the United States, today announced the completion of the acquisition of Account Control Technology Holdings, Inc. (ACT Holdings), a leader in debt collection, ARM and business process outsourcing transaction terms were not disclosed.
“Scale is important, and our acquisition of ACT Holdings will strengthen our position as the largest receivables management and collection company in The United Stateswhich enables us to make additional investments in people, technology and compliance and strengthen our position as an industry leader, “said TSI Chief Executive Officer Joe Laughlin. “The addition of ACT Holdings will significantly increase our first-party collections and customer care businesses and expand our service offering for revenue cycle management in the healthcare sector. We are excited to welcome ACT Holdings customers and employees to the TSI family.”
About Transworld Systems Inc.
TSI is the largest technology-based provider of receivables management (ARM) solutions in The United States. The company’s solutions include debt collection, customer relationship management and the outsourcing of business processes. TSI also owns UAS, a technology-enabled primary student loan service provider. TSI differs in its collections analysis, digital collection technology, global reach and compliance management system. His clients include Fortune 100 companies, financial institutions, hospitals, government agencies, property managers, and small and medium-sized businesses. To learn more, please visit tsico.com.
Transworld Systems Inc.
SOURCE Transworld Systems Inc. (TSI)