ARL acquires Statewide Mercantile Services

ARL acquires Statewide Mercantile Services | Herald Sun: "The acquisition of SMS will deliver a specialist receivable resource with more than 220 employees, 12 offices and services mirroring the most successful companies in the sector.

The Process Serving and Field activities will continue in the name of Statewide Mercantile Services Pty Ltd, while receivables management and collection services, together with the rapidly growing debt purchase activities, will be operated under the ARL brand.

In recent weeks NCO has also been active in the debt acquisition market in Australia, displacing some established Australian acquirers and securing forward flow contracts with major Australian financial Institutions, in transactions worth more than $150 million. "