Primeritus Financial Services Acquires Capital Recovery Group, LLC; Name Changes to Find Track Locate, Inc.
Primeritus Financial Services, Inc. – the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. – today announced the acquisition of Capital Recovery Group, LLC (CRG). Based in Tucson, Arizona, CRG is the only recovery solution company dedicated solely to the powersports community. CRG, founded by Nic Spallas, Adam Jones, and Dennis Louderback, is the seventh acquisition by Primeritus since 2012. “We are very selective when considering potential acquisition targets, evaluating many different aspects of the company,” said Scott Peters, President, and CEO of Primeritus. “We were very impressed when we talked to the team at CRG and knew right away that this would be a great addition to the Primeritus Family of Companies.” Chris McGinness, SVP of Operations for Primeritus added, “CRG has an excellent reputation within the powersports industry. We look forward to working with their team to enhance … Continued
