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Fort Worth, TX – June 5, 2008 - CREDITWATCH®
Services Ltd., a provider of Account Receivable Management and
Customer Care Solutions based in Fort Worth Texas, announced today
that the company has acquired Collectrite, a provider of medical
billing and collection services with offices in Las Cruises and
Albuquerque New Mexico.
CREDITWATCH®Services Ltd., founded in 1990 is a national provider of first and
third party “Business to Business” collections and CRM outsourced
solutions. Joseph F. Tempesta, President of
CREDITWATCH®says “With our expansion into the medical vertical and the strong
leadership of Paul Thomason as Collectrites President, we are
poised to offer both regional and national clients best in class
ARM solutions in the expanding medical industry”. We are proud to
welcome the entire Collectrite team to our family of companies.
James English, Chief Financial Officer of
CREDITWATCH®Services Ltd. says “It has been a long time coming, but with the
influx of new clients coupled with the unique business model of
CREDITWATCH®Services Ltd., this acquisition should catapult us into a
diversified contender in the Accounts Receivable Management
industry. “Our acquisition strategy is very conservative but with
the addition of Collectrite, growth within their vertical looks
very promising.”
Paul Thomason, President of Collectrite says “We have been searching for a
way to expand our personalized client services to our clients with facilities
outside of our region. Joining with
CREDITWATCH®will give us a great opportunity to grow with our customers!”
Feel free to visit us on the web at
www.creditwatchservices.com or at
www.collectrite.com
If you would like to subscribe to our monthly newsletter, please email
sales@creditwatchservices.com.
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