Canadian Collection Agency Acquires U.S. ARM Firm

Edmonton, Alberta-based Priority Credit Recovery, Inc., (PCR) a commercial/consumer debt recovery firm, has acquired Account Adjustment Bureau, Inc., (AAB) a 35-year-old collection agency of Rockwood, MI.

As part of the acquisition, all AAB personnel have retained their positions.

The company will be looking to expand its workforce by an additional 50% immediately. "We felt the State of Michigan provided the best environment with a highly skilled workforce and entrepreneurial spirit", says Brad Lohner President & CEO of Priority Credit Recovery Inc.

Michigan is host to the largest economic trade zone in the world.  With the economy slowing, problems are surfacing in both countries.  "Clients require a collection firm that specializes in North American commercial debt recovery. We provide third party recovery services. It’s all we do," says Lohner. "Distractions such as outsourcing, debt buying and credit reporting take away from our core business.  Clients tell us they just want their money back." 

Founded in 1973, AAB provides debt recovery including consumer as well as domestic and international business-to-business collections. 

Fully licensed and bonded, PCR is a mid-sized debt recovery firm operating in Canada. Trust accounts are secured by government approved bonds for full protection of client funds. Priority Credit is the only debt recovery company in North America that offers a comprehensive 5 Point Client Commitment and backs it up with our Service & Collection Guarantee.