Thompson Street Capital Partners Portfolio Company Receivables Management Partners Acquires DSG Collect
ST. LOUIS (November 11, 2014) – Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, has announced that its portfolio company Receivables Management Partners (RMP) has completed the acquisition of Chicago, Illinois-based DSG Collect (DSG), a revenue cycle management (RCM) business. Terms of the transaction were not disclosed.
DSG Collect provides revenue cycle services primarily to hospitals and physician groups and will become part of the growing RMP platform. According to TSCP Director Anthony Chambers, “We’re excited to bolster RMP’s position as a leader in healthcare revenue cycle management. RMP’s recent investments in technology infrastructure and personnel facilitated an expeditious transaction with absolutely no business interruptions. We look forward to further leveraging these resources to pursue additional acquisition opportunities nationwide.”
Mark Schabel, RMP Chief Executive Officer remarked, “We are excited to partner with the DSG team and welcome the talented employees at DSG Collect to the RMP family. We will continue to strive to provide unparalleled results and service, helping clients maximize free cash flow so they can focus on clinical outcomes.”