LaSalle provides capital to PRC

LaSalle Capital has made an investment in Durham, North Carolina-based Professional Recovery Consultants, a revenue cycle management services provider. No financial terms were disclosed.

PRESS RELEASE

Chicago, IL – LaSalle Capital is pleased to announce that it has completed a strategic investment in Professional Recovery Consultants (“PRC” or the “Company”), a leading revenue cycle management services provider.

“We are extremely pleased to have LaSalle Capital lead the next chapter of growth for Professional Recovery Consultants. We are confident that we found the right steward for the business who will continue to keep our customers’ and employees’ best interests in mind,” commented the President of PRC, Geoff Miller.

“LaSalle is the perfect partner to help expand the business to meet the ever-changing needs of our customers and to advance the innovative solutions that our customers depend on. They have an in-depth understanding of collections businesses, supported by their previous investments in Receivables Management Partners and Brown & Joseph,” Miller added.

Ryan Anthony, Partner at LaSalle Capital, commented, “The team at PRC has built an impressive business and achieved substantial organic growth. We look forward to working with the team to help accelerate the expansion of the business through investments in people and technology as well as strategic add-on acquisitions.”