Press Release – Credit Control, LLC Completes Acquisition of RAB Inc.

By August 1, 2018Press Release

 

Credit Control, LLC Completes Acquisition of Regional Adjustment Bureau, Inc. (RAB)

St. Louis, MO August 1st – Credit Control, LLC. (“Credit Control”) announces the acquisition of Regional Adjustment Bureau, Inc. (RAB). Since 1971, RAB has been an industry-leader in receivables management services and has been a trusted recovery resource for national clients. Credit Control closed the transaction on August 1, 2018. Effective immediately, all proceeding communication, operations, and business dealings for RAB will be under the name of Credit Control.

Rick Saffer, President and CEO of Credit Control, commented, “RAB’s blue-chip clients in the auto, education, and banking sectors allow Credit Control to further its strategy of diversifying revenue cycle management services across multiple industries.” The purchase of RAB, based in Memphis, Tennessee, also provides additional scalability for Credit Control. “In today’s regulatory environment, client requirements are ever increasing, and only those with the proper scale and technical savvy will survive,” said Saffer.

Credit Control, founded on strong company values, is committed to providing its clients with unmatched customer service, its employees with an excellent work environment, and the highest level of quality assurance. “RAB was an excellent match with Credit Control from a cultural perspective, which is critically important in any acquisition. Our goal is to enhance the strong performance that the former RAB clients received with the additional benefits of Credit Control’s database solutions, business intelligence platform, and voice analytics,” continued Saffer.

For more information about Credit Control, LLC, please visit http://www.credit-control.com.

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About Credit Control, LLC

Headquartered in St. Louis, MO, Credit Control, LLC is a certified Minority Business Enterprise with five nationwide locations and over 450 employees. The company is a recognized Accounts Receivable Management (ARM) industry leader that provides custom, performance-driven receivables management services including pre-charge off loss prevention, post-charge off loss recovery, pre-litigation and legal solutions as well as specialty collections programs. Credit Control is founded on its core values of strong customer service, state of the art technology, and exceptional recovery results in an employee friendly environment. The company is ISO27001 certified and has received its CFPB audit preparedness certificate from an independent industry audit firm. For more information about Credit Control, please visit http://www.credit-control.com.