ARMStrong Receivable Management

ARMStrong Receivable Management is a leading provider of commercial accounts receivable management and related insurance services.

How We Partnered

Transaction Dynamics
A partnership with management to acquire the company from its previous owner. Management made a meaningful investment in the company.


Investment Thesis

  • Build scaled commercial collections platform
  • Proven, backable management team with strong track record of success
  • Recession resistant business model
  • Multiple organic growth levers and attractive add-on acquisition opportunities


Incline Value Enhancement

  • Completed nine acquisitions, significantly expanding the Company’s customer base, service offering and end market focus.
  • Reorganized the management team, promoted a new CEO, and recruited a new CFO
  • Implemented new systems including enhanced collections technology and CRM platform
  • Aligned sales efforts across all service offerings to increase cross-sell opportunities and allow for more agile sales efforts
Key Details

HEADQUARTERS
Itasca, IL

STAGE
Realized

INDUSTRY
Services

INVESTMENT DATE
June 2019

“With Incline’s partnership, we strategically repositioned the business which allowed us to realize exceptional growth. We completed and integrated nine acquisitions, meaningfully expanding our service offerings, customer base and end markets served.”

Mike Baldwin

Chief Executive Officer