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HighBank Capital Partners Invests in Credit Recovery Services
August 29, 2011
Baltimore, MD - HighBank Capital Partners (www.highbankcapitalpartners.com), a Baltimore-based provider of opportunistic and flexible capital to lower middle market companies, has provided debt and equity financing to Credit Recovery Services, LLC ("CRS") (www.creditrecovery.vpweb.com). CRS is a licensed and bonded Third Party Collection Agency that is proud to recover money for its clients in a manner not commonly found in the collections industry. CRS treats consumers with the respect and dignity they deserve at all times, creating a "win/win" solution for its clients and their customers. CRS' motto is "Collections With Care".
Michael Johnson, Founder and President of CRS, commented, "HighBank Capital Partners immediately understood CRS' sustainable and profitable growth potential. Furthermore, HighBank's expertise in building companies and their strategic focus make it an ideal partner for CRS."
Stephen Gaines, Managing Partner at HighBank Capital Partners, stated "We are extremely excited to back a proven industry veteran in Michael Johnson and believe CRS' 'Collections With Care' approach will be a strong differentiator in the Third Party Collections industry. Michael's vision for CRS is in perfect alignment with HighBank's founding principles."
Stephen Gaines |
Michael D. Johnson | |
About HighBank Capital Partners
HighBank Capital Partners was founded in Baltimore, Maryland to provide opportunistic and flexible capital to lower middle market companies. The three founders of HighBank Capital Partners have over 60 years combined experience across a broad range of industries, functions (including investment banking, legal, and corporate), transaction structures, and geographies.
About Credit Recovery Services, LLC
CRS is a licensed and bonded Third Party Collection Agency. The company utilizes leading edge software tools for its collection efforts, which translate into improved collections and enhanced operational efficiency. Michael Johnson, the founder of CRS, possesses over 20 years of collections experience serving a broad range of industries, including healthcare, financial, industrial, consumer, retail and professional services. CRS treats consumers with the respect and dignity they deserve at all times, creating a "win/win" solution for its clients and their customers. CRS' motto is "Collections With Care".
