WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Internet Technology Wednesday, February 26, 2020 
Add Press Release News | News Feeds Feeds | Email This News Email


Transworld Systems Inc. Completes its Acquisition of Alltran Financial Services
Wednesday, January 29, 2020

LAKE FOREST, Ill., Jan. 21, 2020 /PRNewswire/ -- Transworld Systems Inc. ("TSI" or the "Company"), the U.S.'s largest technology-enabled provider of collection analytics, accounts receivable management, customer relationship management, healthcare revenue cycle management, and student loan servicing solutions, announced today that the Company, along with certain affiliates, had completed its acquisition of Alltran Financial Services. Transaction terms were not disclosed.

Alltran Financial Services is a first- and third-party accounts receivable management solutions provider for the financial services, auto finance, and financial technology markets. Alltran employs 1,100 employees across four operations centers located predominantly in the southwestern United States.

"The Alltran acquisition establishes TSI as the market leader in providing receivables management and bad-debt solutions to financial institutions and consumer finance companies in the United States. We are excited for Alltran customers to become partners with TSI, and we welcome our new employees to the TSI family," said Joseph Laughlin, TSI Chief Executive Officer.

About Transworld Systems Inc.

Transworld Systems Inc. (TSI) is the largest and premier analytics and technology-enabled provider of outsourced accounts receivable management, customer relationship management, healthcare revenue cycle, and loan servicing solutions. TSI differentiates itself with its proprietary collection algorithms, digital collections platform, global scale, and unmatched attention to regulatory compliance. TSI's clients include Fortune 100 corporations, hospitals, financial institutions, governmental organizations, and small businesses.

Media Contact:
David Zwick
Chief Financial Officer
Transworld Systems Inc.
David.Zwick@tsico.com
(847) 969-7977

View original content to download multimedia:http://www.prnewswire.com/news-releases/transworld-systems-inc-completes-its-acquisition-of-alltran-financial-services-300990474.html

SOURCE Transworld Systems Inc. (TSI)



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav Cogent Communications CEO to Present at Two Upcoming Conferences | Feb 26, 2020
Nav Cornerstone Research Promotes Seven to Vice President and Principal | Feb 26, 2020
Nav NetEase to Report Fourth Quarter and Fiscal Year 2019 Financial Results on February 26 | Feb 26, 2020
Nav Black Knight to Participate in Upcoming Investor Conferences | Feb 26, 2020
Nav ZTE Releases Industry Unique SuperDSS Solution for Tri-RAT Dynamic Spectrum Sharing | Feb 26, 2020
Nav Frost & Sullivan Recognizes Vonage as Asia-Pacific Communications Platform as a Service Provider of the Year | Feb 26, 2020
Nav sensemetrics Adds Geosense to IIoT Alliance Program to Transform Geotechnical Sensor Data | Feb 26, 2020
Nav Elbit Systems Awarded $670 Million Contract to Supply Defense Solutions to a Country in Asia-Pacific | Feb 26, 2020
Nav Businesses consider cybersecurity as an afterthought despite growth in attacks, EY survey finds | Feb 26, 2020
Nav Boomi's Data Integration Platform Offers Next-level Connectivity to IFS's Customers With 200 Pre-built Connectors | Feb 26, 2020
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News