PSC Info Group Acquires Data Processing, Printing and Mailing Unit of North Shore Agency
NCO Group divests the letter business of one of its subsidiaries. PSC also secures a long-term processing agreement with NCO in the deal.
VALLEY FORGE, Pa. – PSC Info Group, a leader in data management, document and mailing technology and online solutions, has acquired the data processing, printing and mailing unit of North Shore Agency, Inc. (NSA) of Long Island, N.Y.
North Shore Agency’s ultimate parent company, NCO Group, Inc. (NCO), will retain NSA’s debt collection unit.
As part of the transaction, PSC has executed an exclusive, long-term document outsourcing and letter processing agreement with NCO.
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We are the premier STATE LICENSING and COMMERCIAL INSURANCE provider to the ARM industry. We are a valued partner to 1,000+ agencies, debt buyers, attorneys.
According to Joseph J. Greco, PSC Info Group’s CEO, “The addition of the North Shore Agency business will enhance PSC Info Group’s service offering to our valued customers, and will increase our market share in cable, telecommunications, media, publishing, healthcare and financial services markets. Most importantly, the acquisition will enable us to leverage the scale and synergies of our businesses and spread our capital and technology investments over a broader base, while providing the most cost effective value added solutions available”.
Michael J. Barrist, Chairman and Chief Executive Officer of NCO, stated, “This transaction allows NCO to focus on our core BPO competencies of accounts receivable management and customer relationship management. We have enjoyed a long–term relationship with PSC and are pleased that we are able to complete this transaction with this valued partner.”
About PSC Info Group
Headquartered in Valley Forge, Pa., with additional processing facilities in Reno, Nev., PSC Info Group (www.pscinfogroup.com) is a leader in data management, printing and mailing technology and online solutions that facilitate billing, collection and other time-sensitive communications. With more than 25 years of experience, PSC Info Group delivers effective, customized solutions for accounts receivable management, healthcare, cable, telecommunications, publishing, media, financial services, insurance and government sectors. PSC Info Group helps clients effectively manage their document and information needs by combining unsurpassed industry experience with the latest technology.
About NCO Group, Inc.
NCO Group, Inc. is a leading global provider of business process outsourcing services, primarily focused on accounts receivable management and customer relationship management. NCO provides services through over 100 offices throughout North America, Asia, Europe and Australia.
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