WILsquare Capital acquires DCM

WILsquare Capital has acquired Minneapolis-based Data and Contact Management Solutions, a service provider for estate asset recoveries. No financial terms were disclosed.


ST. LOUIS–(BUSINESS WIRE)–WILsquare Capital, a St. Louis-based private equity firm, announced today it has completed the acquisition of Data and Contact Management Solutions, LLC (“DCM”), an industry-leading technology-enabled service provider for estate asset recoveries based in Minneapolis, MN. Terms of the transaction were not disclosed.

“WILsquare Capital is extremely pleased to partner with the management team of DCM to continue investing in their success in providing unmatched specialized service to the financial and healthcare industries,” said Bill Willhite, Managing Partner at WILsquare Capital. “DCM’s leadership has built a tremendous business utilizing its proprietary technology to provide an important service based on integrity and strong cultural values, which permeate throughout the organization.”

A leader in its sector, serving some of the largest financial and healthcare institutions in the nation, DCM is the nation’s largest collection agency focused primarily on estate asset recoveries. DCM offers its clients a powerful combination of experience supported by a differentiated data-driven technology platform.

DCM’s team of 260 employees utilizes ISO 27001-certified processes and systems to keep sensitive information secure as well as additional patented proprietary technologies to deliver unrivaled regulatory-compliant services for its customers. DCM was named one of the Top 150 Workplaces in Minnesota in 2016.

“We are excited about DCM’s management’s ability to grow its business with existing customers as well as with new customers within new industries facing similar challenges,” said Jamie Wilmsen, Partner at WILsquare Capital. “We look forward to continuing to support DCM’s meaningful and increasing investments in innovative processes and technologies, which have been the foundation to an accelerating growth trajectory.”

“We are delighted about the opportunity to continue to build our business and partner with WILsquare Capital, who shares our strong heartland values and our desire to be the undisputed leader in this industry,” said Ben Boyum, chief executive officer of DCM. “We look forward to being able to tap into their practical and operational expertise, as well as resources that will allow us to consider add-on acquisitions that will boost our market position and the value that we bring to our customers.”

About WILsquare Capital
WILsquare Capital is a St. Louis-based private equity firm focused on acquiring and growing lower-middle market businesses in the Midwest and Southern United States, with an emphasis on business services, niche manufacturing, distribution and technology companies. The firm is currently investing out of WILsquare Capital Partners Fund I, L.P.