RFE

RFE Investment Partners IX Invests in A.R.M. Solutions, a Leading Accounts Receivable Management Services Provider

WESTPORT, CT, and THOUSAND OAKS, CA, — RFE Investment Partners (“RFE”), a Connecticut-based private equity firm, announced today it has completed a recapitalization investment in A.R.M. Solutions (“ARM”), a leading provider of accounts receivable management services.

Prior ARM ownership group of Brad Jadwin, Adam Pearlman, and Jim Montgomery will continue as key leaders on the management team and shareholders in the new company.  Alongside them, the company welcomes Paul Bedell (CEO) and Danen Shiek (CCO).  RFE partnered with Paul Bedell on an executive-led proactive thesis in the accounts receivable management services space and pursue a buy-and-build strategy.

Paul and Danen bring a combined 50+ years of experience in the debt collections space, with prior roles spanning marketing, sales, operations, and business development.  Paul most recently served as CEO at Connnexus Resource Group, a private equity-backed customer experience management firm while Danen was previously the SVP of Sales and Marketing at Complete Recovery Corp.

This transaction enables ARM to diversify into a full-service, technology-enabled, accounts receivable management services platform.  ARM plans to continue to accelerate its industry leading digital transformation and expand beyond traditional collection services into specialty services and other ancillary accounts receivable management support services across a range of dedicated end markets.

“We are thrilled to be part of the RFE family and our entire team is excited to have Paul and Danen onboard,” said Brad Jadwin.  “Adam, Jim, and I see enormous potential to continue our growth trajectory with the added resources from RFE and the new perspectives and experience that Paul and Danen bring to the table.”

“ARM’s diversified service offering capable of supporting its clients through the full revenue cycle is unique in the space,” said CEO Paul Bedell. “I am eager to lead ARM forward and accelerate the great success and foundation built by the ARM team.”

“RFE has a track record of partnering with dynamic outsourced professional services companies,” said Ron Ahuja, Principal with RFE. “We believe ARM Solutions is poised for strong organic and inorganic growth due to its exceptional commitment to customer satisfaction, unique value proposition in the industry, and diversified business model. We are excited to support Paul and the ARM team to grow and expand the platform.”

ARM is actively seeking to acquire complementary debt collection services companies that enhance and strengthen the company’s offering and help ARM become a comprehensive accounts receivable management partner to its clients.