Author Archives: Joe Mappes

Monday, June 18, 2012 Nashville, TN and El Dorado Hills, CA – Primeritus Financial Services, Inc., announces their acquisition of The M. Davis Company, Inc. “We are excited to welcome Matt and his team into the Primeritus family,” remarked Chuck Tapp, CEO of Primeritus. “Matt Davis has built a first-rate organization. Both USA Recovery and Skip Masters have earned an outstanding reputation for client service and integrity in the automotive finance community. The combined entities will further enhance the service offerings and options for both our automotive and non-automotive finance clients.” Based in El Dorado Hills, CA, The M. Davis Co. is a full service, national provider of repossession management, skip tracing, transport and vehicle remarketing services through its USA Recovery and Skip Masters divisions. Matt Davis, CEO of the M. Davis Co., has partnered with Primeritus’ management team in an operational and executive leadership position as Chief Operating Officer. … Continued

February 27, 2012 Clinton, MS – Chuck Tapp, Phil Hanks and Cam Hitchcock (“Management”) have partnered with a New York based private equity firm to acquire the assets of ASR Nationwide and recapitalize the company for growth.  Management has rebranded the company Primeritus Financial Services, Inc. (“Primeritus”) and will look to leverage their 45+ years of collective industry experience and strong client relationships in the automotive finance industry to pursue an aggressive growth strategy. Chuck Tapp was most recently Vice President at Openlane, Inc., which was acquired by ADESA Inc. in August 2011 and will serve as the Chief Executive Officer of Primeritus.  Prior to Openlane, Chuck held a number of executive positions at leading automotive service providers and financial institutions, which included responsibilities over sales, marketing, operations and remarketing.   Phil Hanks, a long-tenured executive at Manheim that most recently served as Vice President of Renovo Services, LLC upon Renovo’s … Continued