Deal Snapshot
TRANSWORLD SYSTEMS ACQUIRES FINANCIAL SERVICES BUSINESS OF ALTISOURCE PORTFOLIO SOLUTIONS
Thursday 11 July 2019

US-based accounts receivable management, healthcare revenue cycle and loan servicing solutions provider Transworld Systems Inc. has completed its purchase of the Altisource Financial Services business including Nationwide Credit, Inc. from Altisource Portfolio Solutions S.A., the company said.
The Altisource Financial Services business and NCI is a provider of collections, customer relationship management, and call center outsourcing for financial, retail credit, mortgage servicing, insurance, utility, and hospitality industries, with approximately 2,300 employees and operations centers in the United States, India, and the Philippines.


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Details
Date Published: 11/07/2019
Target: Altisource Financial Services business
Country: USA
Sector: Banking/Financial Services
Type: Corporate acquisition
Status: Closed
Vendor: Altisource Portfolio Solutions
Buyer: Transworld Systems Inc.
Comment:
Terms of the deal were not disclosed

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