Major Trade Credit Insurer Acquires Commercial Collection Agency

Euler Hermes ACI, North America’s leading provider of trade credit insurance, has announced the acquisition of United Mercantile Agencies (UMA), a leader in commercial collections and accounts receivable management services.

UMA was founded in 1917 and is headquartered in Louisville, KY with regional offices in White Plains, NY and San Francisco, CA. Employing more than 100 associates, the company offers a suite of receivables management services that include commercial third party collections, receivables management outsourcing, international collections, and other debt mitigation services.

UMA has an outstanding reputation in the US credit community developed over its nine decades in the industry. The combination of Euler Hermes ACI’s credit risk management expertise and UMA’s finely honed collections infrastructure will further enhance the level of service offered to all Euler Hermes ACI clients.

Resulting from the acquisition, UMA will now be known as Euler Hermes UMA.