IntelliRisk Management Corporation acquires Ireland?s largest collection agency

COLUMBUS, OH (USA) ? IntelliRisk Management Corporation (IRMC), through its United Kingdom subsidiary, Legal & Trade Financial Services Ltd., has acquired Ireland?s largest collection agency, Legal & Financial Collections, Ltd.

The acquisition bolsters IRMC?s position as the international leader in the collections and teleservices industry. IRMC also recently acquired the international risk management division of Equifax, Inc., including its operations centers in Canada and the United Kingdom.

?This strategic acquisition, along with the recent addition of Legal & Trade Risk Management Services and Canadian Bonded Credits Limited, solidifies our International Division?s leadership position in the United Kingdom,? IRMC President Richard D. Schultz said. ?These acquisitions have positioned us to more efficiently provide a comprehensive suite of services to credit grantors in Europe and Canada.?

Legal & Financial Collections, headquartered in Dublin, Ireland, specializes in first party and third party consumer debt collection for a list of premier clients in the banking, credit card, health, utility, telecommunications and retail markets.

?We are delighted to join Legal & Trade as part of the IntelliRisk Management Corporation Family of Companies,? said Legal & Financial Managing Director John Cahill, who will remain with the company in his leadership capacity. ?This will give us access to both the financial and intellectual resources to substantially develop our business. This is excellent news for our staff and clients.?

Geoffrey Ognall, President of IntelliRisk Management Corporation?s International Division, called the acquisition ?a very exciting development in our Pan European strategy. We are now clearly the market leader in both the United Kingdom, and with the addition of Legal & Financial Collections, in Ireland as well.?

Through its three operating companies: Legal & Trade Collections Ltd., Legal & Trade Risk Management Services Ltd. (formerly known as Equifax Risk Management Services Ltd.) and Revenues Management Services, Ltd., Legal & Trade Financial Services offers a complete suite of services including:

• Collection Services (Including multi-lingual Pan European collections)
• Door Knocker Network
• Debt Counselling Programs
• Asset Retrieval Service
• Teleservices
• Customer Care Programs
• Order Fulfillment
• Business Process Management
• Outsourcing Services
• Telemarketing Services
• Debt Purchase Acquisition
• Utility Meter Reading Service
• Litigation Management

Founded in 1926, Legal & Trade was acquired in 1998 by U.S.-based IntelliRisk Management Corporation (IRMC). Legal & Trade has more than 700 employees in addition to its field network of 2,000 contractors, the largest team of special agents in the U.K and Ireland.

Legal & Trade?s office locations include: London, England; Preston, England; Birmingham, England; Woking, England; Glasgow, Scotland and Bangor, Northern Ireland and now, Dublin, Ireland.

Founded by Richard D. Schultz in 1998, IRMC has more than 6,000 associates staffing 40 regional operations centers throughout the United States, Canada and Europe. Through strategic acquisitions and internal growth, IRMC has climbed to the No. 3 position in the accounts receivable collections, teleservices and outsourcing industry in the United States. IRMC companies are the largest in the U.K., Ireland and Canada.

For more detailed information on the IntelliRisk Management Corporation Family of Companies, visit www.irmc.com.