PSC Info Group, a portfolio company of Roark Capital Partners, has acquired North Shore Agency, a Melville, N.Y.-based provider of outsourced data management services. No financial terms were disclosed.
Founded in 1971 and headquartered in Melville, New York, North Shore Agency is a leading provider of outsourced data management services to healthcare, telecommunications, publishing and financial institutions. The Company offers a variety of effective, customized solutions that help its clients improve timely collection of receivables and maximize cash flow.
North Shore has become a wholly-owned subsidiary of Roark’s portfolio company, PSC Info Group. Based in Valley Forge, PA, with an additional processing facility in Reno, NV, PSC provides innovative, technology-enabled solutions and proven revenue management tools to streamline the collection of consumer payments. With more than 25 years of experience, PSC delivers effective, customized solutions for accounts receivable management, healthcare, cable, telecommunications, publishing, media, financial services, insurance and government sectors.
For more information about PSC or North Shore visit www.pscdxnet.com or www.northshoreagency.com.
Roark Capital is an Atlanta-based private equity firm that specializes in business and consumer service companies with attractive growth prospects and revenues ranging from US$20 million to US$1 billion. Specific areas of focus include franchise, food and restaurants, specialty retail, marketing services and business services. Roark Capital has made investments in 15 franchise companies that together have generated more than US$4 billion in system sales and have 45,000 points of distribution in all 50 U.S. States and 36 countries. The firm has more than US$1.5 billion of equity capital under management. For more information, visit www.roarkcapital.com.