KG In the News

Members of our team are often quoted in the media. Here are some stories:

Bloomberg Businessweek
U.S. Consumer Bureau to Supervise Biggest Debt Collectors, October 24, 2012

The accounts-receivable industry had revenues of $17 billion in 2011, according to Kaulkin Ginsberg, a Rockville, Maryland-based consulting firm. In addition to collectors, the industry includes buyers, who purchase bad debt from creditors such as credit-card issuers. Debt collectors can be independent agents, employees of buyers or members of law firms.

The Daily Record
Mergers and acquistions: In search of certainty, October 18, 2012

Because most people are expecting severe budget cuts, buyers are only interested in firms that won’t end up as extra baggage, said Michael Lamm, a Director with Rockville-based Kaulkin Ginsberg, an M&A advisory firm for companies that outsource business services.
“If [Republican challenger Mitt] Romney wins, people are going to become more laid-back about whether their deals close or not,” Lamm said. “But if [President Barack] Obama wins, you’re going to see a mad rush to get them done in time.”

Jacksonville Business Journal
Stellar Recovery expects further growth in its debt collection business, September 28, 2012

Another key to Stellar Recovery's success, Lamm said, is the fact that it's a hybrid
company that both services debt and purchases debt, which is unusual in the industry.
Stellar Recovery has about $700 million in consumer Joan, cell phone and bank debt under
management.
"It's really difficult to grow in this environment," Lamm said of the industry, "especially if
most of your clients are still credit cards."

NY Times
PDF Icon Debt Collectors Cashing In on Student Loans, September 8, 2012

DBA the Magazine
PDF Icon Diversifying Away From Credit Cards Isn't Easy, Spring, 2012

Bloomberg.com
PDF Icon Debt Collectors Lobby to Block Tougher Rules, September 21, 2011

Southwest Collector Connector
PDF Icon Special Challenges and Strategies for the Small Agency, Summer, 2010

CNNMoney.com
PDF Icon Cities Look to Debt Collectors for Help, March 31, 2010

Fierce Healthcare
PDF Icon Insurance Scams Could Lead to Unrecoverable Bad Debt, March 1, 2010

ACA International Online
PDF Icon Accounts Receivable Management Industry M&A Deal Value Dropped in 2009, January 18, 2010

ACA International – The Paper
PDF Icon Credit Card Sector Update, January 14, 2010

Business Credit Management UK Online
PDF Icon Kaulkin Ginsberg Facilitates the Sale of OConnor-Ravell Associates to Commercial Collection Corporation of New York, January 4, 2010

DowJones Wire
PDF Icon DJ Tales of the Tape: Debt collectors aim to cash in, December 17, 2009

MSN Money
PDF Icon Debt collectors are ready to deal, December 11, 2009

ACA International Online
PDF Icon Fall Forum Asset Buyer Session Highlights, November 9, 2009

Gazette.Net
PDF Icon Merger activity down in debt collection sector, October 21, 2009

McClatchy Washington Bureau
PDF Icon One industry that’s booming: debt collection, October 16, 2009

ACA International Online
PDF Icon ACA International Members Named Best Places to Work, October 15, 2009

Associated Press
PDF Icon States raise limits on creditors as debtors squirm, October 14, 2009

Gazette.Net
PDF Icon Ciena plans $521M acquisition of Nortel, October 9, 2009

The Paper – A Publication of ACA’s Asset Buyer’s Division
PDF Icon Winning Strategies for Challenging Times, September 11, 2009

BusinessRockford.com
PDF Icon These debt collectors have everyone’s seal of approval, September 5, 2009

Gazette.Net
PDF Icon Survey: Collection agencies squeezed by recession, August 21, 2009

Baltimore SmartCEO
PDF Icon Collecting Dust: Strategies for Improving Collection of Overdue Accounts, August, 2009

ACA International Online
PDF Icon Winning Strategies for Challenging Times, July 14, 2009

NACM News Briefs
PDF Icon Debt Collection Index Predicts Improvement, June 2, 2009

Springfield Business Journal
PDF Icon How To: Rein In Accounts Receivable, April 27, 2009

Gazette.Net
PDF Icon Collection agencies report more work, fewer workers, March 20, 2009

The New York Times
PDF Icon So You’re Dead? That Won’t Stop the Debt Collector, March 4, 2009

Profitguide.com
PDF Icon Selling Your Baby, March, 2009

Collection Advisor
PDF Icon insideARM.com Names Best Places to Work in the Collection Industry, March/April, 2009

Pharmacy Choice
PDF Icon Unveiling the Changing Face of Medical Receivables, February 4, 2009

Profit Magazine
PDF Icon Selling your baby, February 1, 2009

St Louis Business Journal
PDF Icon In changing consumer debt arena, Cincinnati-based Unifund branches out, January 30, 2009

Associated Press
PDF Icon Know your rights when the debt collector calls, January 30, 2009

Conde Nast Portfolio
PDF Icon Pity the Debt Collector, January 27, 2009

MD Daily Record
PDF Icon Credit crisis led to big M&A decreases in 2008, January 22, 2009

Buyouts
PDF Icon Audax Takes Bet on Consumers Repaying Debt, January 19, 2009

ABF Journal
PDF Icon 2008 Debt Collection, A/R Industry M&A Activity Exceeds $2 Billion, January 16, 2009

Private Equity Digest
PDF Icon Audax Group Acquires United Recovery Systems, January 5, 2009

MSN Money
PDF Icon When debt settlement makes sense, January 5, 2009

Debt Law Network Blog
PDF Icon How To Read Your Debt Collector’s Mind, January 1, 2009

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