Carma Financial Services Corporation (CFS), a provider of business-to-business accounts receivable management services, has announced that it has entered into a definitive agreement to acquire all operations of Legal Credit Recovery. This acquisition will become part of CFS’s receivables management and debt recovery business unit, Canada Bonded Attorney and Legal Directory Limited.
The transaction is expected to close today.
Legal Credit Recovery Corp.'s president and shareholder Tamer Farah and other senior employees will join Canada Bonded Attorney.
Legal Credit Recovery is a small, but rapidly growing, business with a high quality client base. The management team will add operational and marketing strength to the receivables management and debt recovery operations. This acquisition will be merged into Canada Bonded Attorney and Legal Directory Limited operations in the upcoming weeks.
