Ambler, Pennsylvania; St. Charles, Missouri; and Wayne, PA – July 25, 2014 – Radius Global Solutions LLC (Radius), a leading provider of Accounts Receivable Management (ARM), Customer Relationship Management (RCM) and Healthcare Revenue Cycle Management (HRCM) services, announced today that it has acquired the assets of Integrity Solution Services, Inc. (Integrity), a St. Charles, MO-based provider of ARM and CRM. Additionally, RGS announced that it has acquired Veldos, LLC (Veldos), a Wayne, PA-based provider of ARM, CRM and HRCM. Financial terms of the two transactions were not disclosed.
Integrity operates call centers in Iowa, Kansas and Missouri, as well as Panama and Jamaica. Integrity provides a variety of ARM and CRM services to the Financial Services, Education, Healthcare, Utilities, Telecom and Health and Wellness sectors.
Veldos operates call centers in Georgia, Hawaii and New Jersey, as well as India and the Philippines. Veldos provides services in the Financial Services, Healthcare, and purchase debt sectors including ARM, CRM, BPO and Healthcare Revenue Cycle Management.
Commenting on the transactions, Michael J. Barrist, Managing Director of Radius Global Solutions stated, “Radius was established based on the principal of Innovation, compliance, consistency and leadership. Our goal from the beginning was to combine the best people with transformational technology in order to afford our clients the ability to meet their operational and financial goals. This highly compliant customer-centric approach has proven highly successful to date. This opportunity to acquire these two recognized brands within our industry will now afford us the scale and global presence to better meet the needs of our expanding client base.”
The newly combined Company will operate under the Radius Global Solutions brand; have approximately 2,600 employees, seven US-based operational centers, and five offshore operational centers.
About Radius Global Solutions
Radius Global Solutions is a leading global provider of highly compliant accounts receivable, customer relations and revenue cycle management solutions. We attract the best people, empowering them with a progressive business culture of innovation and compliance and enabling them with transformational technology. Radius Global Solutions consistently delivers results for its clients.
For further information contact:
Radius Global Solutions, LLC
Paul E. Weitzel, Jr.