SKYLINK Receivables Inc., headquartered in Vancouver (Surrey), Canada and Integrity First Telesolutions Inc., headquartered in Toronto, Canada today announced that their Boards of Directors have approved a definitive agreement for Integrity First Telesolutions to merge with SKYLINK Receivables effective April 1, 2014. The agreement is a friendly, stock-for-stock transaction with a redistribution of shares amongst its shareholders.
This transaction will position the firm in the marketplace to create a high performance and innovative company, differentiated by its ability to deliver ground-breaking performance and services, while leveraging a national platform to create operating efficiencies and economies of scale.
“The integration of SKYLINK Receivables and Integrity First Telesolutions creates an exciting opportunity for our firm. In addition to creating a top performing company, this is a compelling financial and strategic merger for our customers, our employees and shareholders. This is consistent with our vision to increase and expand our customer base in new business segments. This strategic partnership gives us the opportunity of acquiring customers in new markets and remains the foundation of our growth strategy. This transaction will accelerate our capabilities of delivering top performance for our customers and will yield many synergies and benefits in the years ahead. ” said Jason Ark, Chief Executive Officer, SKYLINK Receivables Inc.
“We are looking forward to working with SKYLINK Receivables as we bring the culture of our companies together to deliver the most innovative services and superior performance results within the highly competitive and dynamic marketplace in which we operate. Our collective commitment will be to bring creative concepts to the changing market. The synergy of our organizations continues to be focused on exceeding expectations and delivering dependable customer results and tailored business solutions. This combination creates a company that delivers maximum value for our customers, enormous opportunities for our employees and shareholders and is the foundation for future growth and expansion.” said Jason Brunet, Chief Business Development Officer, Integrity First Telesolutions Inc.
Our collective commitment will be for SKYLINK Receivables Inc., and Integrity First Telesolutions Inc., to continue offering exceptional Accounts Receivable Management services (ARM), Business Process Outsource solutions (BPO), and Business to Business specialty programs (B2B).
For more information on our services and our commitment to results, please contact:
Chief Executive Officer
SKYLINK Receivables Inc.
Jason W. Brunet
Chief Business Development Officer
Integrity First Telesolutions Inc.