Primeritus Buys CARS Featured

By Staff Writer April 04, 2019 526

Primeritus Financial Services Inc. announced the acquisition of Consolidated Asset Recovery Systems (CARS).

CARS was founded in 2005 by Steve Norwood and Terry Groves, two software supply chain veterans. From the beginning, CARS leveraged SaaS technology for the repossession and remarketing industry.

Norwood and Groves will continue to operate as separate businesses leveraging synergies in skip, back office functions and remarketing.

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Last modified on Friday, 05 April 2019 02:52