Northland Group, Inc., an industry leader in compliance and the pioneer of Direct Response Collections, announced its acquisition of their second satellite collection center. This very productive and fully compliant center in Monticello, Minnesota is conveniently located approximately 45 minutes northwest of Minneapolis and has the capacity to add approximately 120 additional collection professionals.
The Monticello center is Northland Group’s second acquisition in the past year. In December of 2012, Northland Group acquired a collection center in Willmar, Minnesota from another national collection agency. This security-certified center provides first and third party collection and customer support services for companies in the financial services, student loan, and telecom.
Northland Group retained many of the existing management and staff in Monticello.
“The Monticello center was very appealing to us because, in addition to successfully managing several third party collection programs, their teams have provided a number of early-stage, first party programs. We look forward to developing these first and third party service offerings,” said Lance Black, President of Northland Group.
Northland Group also announced its interest in additional acquisitions in the collection industry.
“Northland Group’s market diversity and strategic standard of work, from primary to warehouse accounts, has provided a very stable financial foundation for our company,” said Mr. Black. “We are looking to acquire other agencies where we can bring our proven compliance programs, leading collection techniques, and additional resources to help grow these businesses.”
In addition to “traditional” collection programs, Northland Group offers niche segment recovery programs for accounts identified by companies as possible or dismissed bankrupt, pre and post legal, debt settlement, dormant judgments, and ceased.
Founded in 1982, Northland Group provides top-tier business process outsourcing services focused on accounts receivable management and collection services for numerous national credit grantors. They are the leader in delivering competitive returns with proven compliance and client brand enhancement. Northland Group pioneered Direct Response Collections, a consumer friendly contact approach with a variety of consumer payment options that increases returns while still exceeding client and regulatory compliance requirements. Northland Group is ISO 27001 certified and PCI DSS compliant. For more information visit www.northlandgroup.com or call Lance Black at 800-800-8191.