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New record set in M&A and ARM industry.(front page)(accounts receivable management)(Brief Article)

Business Credit

| March 01, 2005 | COPYRIGHT 2005 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

2004 became a record-breaking year for total M&A and public market transaction value in the accounts receivable management (ARM) industry, with over $1.5 billion changing hands in 55 transactions--surpassing the previous $1.2 billion record set in 1999. Strategic buyers like Sallie Mae, Convergys, West Corporation and Parthenon Capital were key drivers of M&A activity in 2004, attracted by the strong ...

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