Strategic Resource Alternatives, a Mount Laurel-based receivables management and outsourcing firm, has finished its acquisition of a Michigan-based recovery firm, it announced this week.
SRA wrapped up its deal for J.J. Marshall & Associates Inc., a provider of consumer and commercial debt collection services. The deal will expand SRA’s services into additional areas, such as landlord/tenant and medical receivables.
“I am excited to complete this transaction, and bring the J.J. Marshall team into the SRA family,” CEO David White said in a prepared statement. “This is a critical first step in our growth plan that will expand upon our vision for SRA to be a well-funded, well-diversified, technology-enabled outsourcing firm.”
SRA is a portfolio company of Arena Investors L.P., an investment firm based in New York.