December 2011  
Receivables Management Partners (aka Collection Associates) completes add-on acquisition of Statewide Credit Association, Inc. of Indianapolis, IN.
< Back to List


 
Chicago, IL – Receivables Management Partners, LLC (“RMP”), a portfolio company of LaSalle Capital Group (“LaSalle Capital”), is pleased to announce its acquisition of Statewide Credit Association, Inc. (“Statewide”). Statewide, based in Indianapolis, IN, provides accounts receivable management services to leading hospital and physician groups in Indiana.

Statewide is regarded as one of the leading agencies in its central Indiana marketplace. Statewide is the sixth agency acquired by RMP. The acquisition represents a highly complementary geographic fit within RMP’s Midwest footprint.

Mark Schabel, CEO of RMP stated, “Statewide is an excellent fit with our existing business. We have a large existing footprint in central Indiana, which will be enhanced through our new business combination. Like RMP, Statewide has a strong reputation for providing best-in-class customer service with industry leading recovery results. This addition further cements our position as the leading independent accounts receivable management company in the Midwest, and we’re very excited to bring Chris Shuler and the Satewide team on board”. Chris Shuler, added, “The focus that our business has on the customer will be enhanced through this acquisition. RMP brings additional resources and a similar commitment to customer satisfaction that will provide real benefits to our customer base in the future. I am excited to be continuing on with RMP and will continue to maintain Statewide’s client relationships”.

If you have any questions regarding this acquisition or would like to discuss other opportunities in the medical accounts receivable management industries, please contact Nick Christopher or Rocco Martino of LaSalle Capital at (312) 236-7041.


Find us on