Michael Lamm’s Posts

Where M&A and Compliance Intersect

April 17th, 2013

M&A activity continues to chug along in the ARM industry despite all of the regulatory and compliance concerns at the state and federal level.  Our Q1 13 M&A Report will be available soon–keep an eye out for it – to register to receive it first, click here. With the media continuing to shine a spotlight […]

Debt Buyer Consolidation – Encore Capital and Asset Acceptance Transaction

March 13th, 2013
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It is not every day that one of the largest and well-known, U.S. publicly traded debt buyers, Asset Acceptance (NASDAQ: AACC), announces that it will be acquired by one of its publicly traded competitors, Encore Capital (NASDAQ: ECPG) but I wouldn’t say it’s all that surprising. Assuming the transaction closes in June, our industry will […]

Quick Tips for Developing Profitability by Clients and Forecast Models

February 20th, 2013
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Back in January we released a report titled, “Survive Today and Thrive Tomorrow: 8 Tactics from Successful ARM Companies” where our team touched upon 8 tactics to help address today’s challenges while positioning your business for long-term growth. Two particular areas that are near and dear to my heart, as an M&A advisor, is the […]

M&A Activity in Q4 12 and What to Expect in 2013

January 8th, 2013
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It seems as though we are always waiting for the federal government to avoid some major calamity and at the end of 2012, it was no different with our politicians battling it out till the last possible second to avoid the catch phrase of the year – the “fiscal cliff.” After a long, drawn out […]

Don’t Forget About Private Equity – They Are an Option Worth Considering Too

December 3rd, 2012
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Strategic and industry buyers are not the only fish in the sea to consider when thinking about a sale of your business. Private equity firms have been very active in outsourced business services (OBS) in 2012. We have seen many platform and add-on investments get done this year and I am sure as we approach […]

Asset Class Diversification – It’s actually working for some in the ARM industry

October 11th, 2012
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I wrote a blog last week as a follow up on an article that was in the Spring Edition of Debt Buyers Association magazine (DBA the Magazine) regarding asset class diversification.  Funny enough, later that week, a reporter from the Jacksonville Business Journal wrote a piece (on September 28th) about a hybrid ARM business, Stellar […]

Getting Ready for 2013 – Asset Class Diversification

September 28th, 2012
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For the past 2 decades the ARM industry has been dominated by ARM firms that either purchased and/or serviced credit card receivables. We continue to see many players struggle, both debt buyers and collection agencies, which are focused predominately on credit cards. They are unable to find volume to purchase and/or service.   As a result […]

Healthcare ARM and RCM Industries Converging

May 17th, 2012

The convergence between Accounts Receivable Management (ARM) and Revenue Cycle Management (RCM) providers continued to be apparent in Q1, as both strategic buyers and larger private equity backed Healthcare OBS companies were aggressively seeking acquisition opportunities in both markets. Historically, Healthcare Outsourced Business Services (OBS) companies fell into either a collection servicing (ARM provider) or […]

Collection Agency Consolidation a Possible Trend in 2012

February 2nd, 2012

Every transaction that occurs in the ARM industry has its nuances: an agency that has substantial client concentration trying to come up with a fair market value of a debt buyer’s portfolio of charged off credit card paper, trying to figure out how collection licenses will convey post-closing, etc.  Despite all of these nuances — […]

Buy or Lease Your Collection Call Center? An Agency Owners’ Dilemma

November 4th, 2011

As we approach year-end, a lot of debt collection agency owners may be thinking about what do with their current facility space. Do they move into nicer digs, stay where they are and sign a longer term lease, or simply go out and buy a building? We get these questions a lot from agency owners […]

LATEST BLOGS

When Considering Value, What Does the Buyer Think About?

October 30, 2014

Come on, admit it. The sale of your business has crossed your mind. Maybe not today but if you own a business, the thought of selling it has crossed your mind, and more than once. Maybe you’re at your wits end dealing with a disgruntled employee or a needy client and the n ....
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Subprime Auto Collections - A growth market for ARM companies or the latest bubble about to burst?

October 22, 2014

As we recall, painfully well, the Great Recession was largely about a housing bubble created by consumers eager to borrow and investors desperate for profits. The warning signs of the developing financial crisis were silenced in large part by securitization and a lack of regulatory oversight. Is another bubble market emerging in the subprime auto sector? Perhaps, but a growth market for accounts receivable management (ARM) firms is fast developing already.

Ju ....
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The Mortgage Market and the Importance of Existing Home Sales

October 20, 2014

We are now more than halfway through October and that means the home buying season has more or less come to an end. Over the next two weeks, data will be released on new residential construction and existing and new home sales for September (click here). When this happens, existing home sales usually gets the short end of the stick. News outlets like to highlight new constructions and their sale pri ....
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EVENTS

NARCA 2014 Fall Collection Conference


The Wynn, Las Vegas, Nevada
October 22nd-25th, 2014

It's never to soon to start planning for another outstanding NARCA Conference - NARCA's 2014 Fal....

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ACA International’s 2014 Fall Forum & Expo


The Hyatt Regency San Francisco
November 5th-7th, 2014

The fun never stops in vibrant San Francisco, home to the Golden Gate Bridge, Alcatraz, Fisherman’s ....

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The 2014 Receivables Management Association conference


The Eaton Chelsea Hotel in Toronto, November 19th-20th, 2014....

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