4.15.2007 / Michael Flock
Excellent Time To Sell Collection Companies

Current market and industry conditions are very favorable for buying, selling, and recapitalization. Many new entrants into the growing industry, including private equity firms, BPO providers, CRM providers, offshore services, financial services, and a growing number of debt buyers, all are looking for assets. At the same time, large collection companies are looking for niche investments in commercial, healthcare, probate, bankruptcy, and mortgages. At present, the industry is in favor resulting in attractive valuations. 2006 was the best year ever for M&A activity with over 70 transactions worth approximately $3 billion in deal value.