Itasca, IL, April 10, 2019 --(PR.com
)-- Brown & Joseph is pleased to announce that it was recently acquired by LaSalle Capital, a leading private equity firm with extensive experience and a proven track record of providing strategic operating focus and driving growth organically and through acquisitions.
“We are extremely pleased to have LaSalle Capital lead the next chapter of growth for Brown & Joseph. We are confident we found the right stewards for the business who will continue to keep our customers’ and employees’ best interests in mind," commented Brown & Joseph co-founders', Chris Cappuccilli and Kevin Walsh.
“LaSalle is the perfect partner to help expand the business to meet the ever-changing needs of our customers and to advance the innovative solutions that our customers depend on. They have an in-depth understanding of collections businesses, supported by their previous investment in Receivables Management Partners,” they added.
Ryan Anthony, Partner at LaSalle Capital, commented, “Chris and Kevin built an impressive B2B collections firm that is the market leader focused on the insurance industry. We look forward to working with the team at Brown & Joseph to help accelerate the growth of the business.”
About Brown & Joseph
Brown & Joseph is a leading provider of commercial accounts receivable management solutions, with a focus on the insurance industry. Our commitment to innovative accounts receivable solutions provides our clients with the best service and results to achieve the highest recovery on their accounts leading to additional capital for their business.
With the on-site resources of CPAudits, a Brown & Joseph company that provides premium audits, Brown & Joseph is able to streamline the premium audit process from billing to collections from start to finish, reducing our client’s Days Premium Outstanding and premium write-offs.
Brown & Joseph is an award-winning collections company with memberships including the National Association of Mutual Insurance Companies (NAMIC), a proud sponsor of the Insurance Collection Executives (ICE), a founder of the ICE Education Fund and an approved vendor by the National Workers Compensation Reinsurance Association (NWCRA) through the National Council on Compensation Insurance (NCCI).
Additional credentials include:
- SSAE 18 Type II SOC 1 Certified
- PCI Compliant
- A.M. Best Recommended "Expert Services Provider"
- Certified Premium Audit Service Provider through CPAudits
For more information, contact:
Executive Vice President of Insurance Services
Vice President of Business Development - Insurance Services