ProVest today announced the acquisition of J.J.L. Process Corp. ProVest says it is the nation’s largest process-serving company.
The acquisition aims to provide ProVest with a stronger presence in the ARM industry, the company said in a press release announcing the acquisition. Terms of the deal were not disclosed.
Scott Levine, the owner of JJL, will become president of ProVest Litigation Services, which will do business as JJL Process, and oversee the combined company’s operations in the collections industry.
“We are very excited to have this successful team join our organization,” said ProVest CEO Jim Ward in a statement. “The acquisition will enhance our geographic presence and allow us to benefit from JJL’s extensive experience in the credit collection industry. Together we will bring industry leading customer service, compliance, processes, and systems to the market that will allow us to reach an expanding client base.”
ProVest maintains 12 offices nationwide.
