RevSpring Expands Security and Compliance Offerings with TECH LOCK Acquisition

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RevSpring Inc., a leading provider of revenue cycle technology services including data analytics, multi-channel communications and payment solutions, has completed its acquisition of TECH LOCK, Inc., a Troy, Mich., based company.

TECH LOCK is a recognized leader in information technology solutions, security and compliance. It helps organizations transform IT platforms into competitive advantages through compliance management and innovative technology solutions. In addition, TECH LOCK offers expert IT consulting and management services, enabling them to examine existing systems for potential cost savings and increased efficiencies or even to completely outsource the IT function.

“Regulatory compliance and information security have come to the forefront of business issues in recent years,” said Tim Schriner, RevSpring’s chief executive officer and president. “TECH LOCK continues to lead the industry through its breadth of solutions and depth of its team’s expertise. We’re delighted to add this best-in-class organization and outstanding team to RevSpring, which enables our customers to access their industry-leading technology services.”

“As information systems, security and compliance environments have become more turbulent, TECH LOCK helps organizations effectively navigate these issues and create competitive advantages,” said Todd Langusch, TECH LOCK’s chief executive officer, president and founder. “Becoming part of the RevSpring family of technology companies will enable our combined organization to offer a broader and more effective suite of integrated services.”

TECH LOCK will operate as a stand-alone, autonomous subsidiary of RevSpring and will continue to be led by Langusch.

About RevSpring
RevSpring is a leading provider of revenue cycle technology services offering data analytics, multi-channel customer communications and payment solutions to the healthcare and financial services end markets. The company’s services enable customers to accelerate cash collections across the revenue cycle through an integrated, technology-driven and end-to-end service offering, all while ensuring regulatory compliance.  For more information visit their web site at www.revspringinc.com.

About TECH LOCK
TECH LOCK is the trusted advisor for information technology solutions, innovation and compliance. With its broad range of services, it is a partner and a solution-provider to clients making it the right alternative to traditional single-initiative security services and catalogue-type vendors that only give an invoice and not an initiative to further the business. TECH LOCK employs an experienced staff of Information Security and Technology Consulting professionals. Its extensive background in the account receivables management, financial services, education, healthcare, government and retail industries is unparalleled.

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Posted in Accelerate Revenue, Collection Software, Collection Technology, Data Security .

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