RLJ Equity Partners has joined forces with the senior management team of Enhanced Recovery Corporation to form Enhanced Recovery Company, the largest minority owned accounts receivable management company in the US.
Founded in 1999 by Mark Thompson and Kirk Moquin, Enhanced Recovery Corporation uses a technology platform to perform accounts receivable and collection services for the bankcard, retail, cellular, landline, overdraft, cable, utility, home equity lines of credit and auto sectors.
"We are extremely excited to partner with Mark and Kirk and the entire senior management team of ERC," says Rufus Rivers, managing director of RLJ Equity Partners. "We believe our relationships with ERC’s existing and potential customers will be extremely beneficial as the company continues its rapid growth and enters new markets.”
"We’re absolutely thrilled to partner with the exceptional business leaders at RLJ. We are quite confident that this new partnership will bring expanded capabilities to ERC’s already exciting growth trajectory," adds Thompson.
