Inverness Graham, a private investment firm, acquired Concord Servicing Corporation, Inc.
Who Acquired Concord Servicing?
On February 15, 2022, Inverness Graham announced its acquisition of Concord Servicing Corporation, Inc., commonly referred to as "Concord." This strategic move brought Concord, a recognized entity in its field, under the umbrella of Inverness Graham's investment portfolio.
Details of the Acquisition
- Acquiring Entity: Inverness Graham
- A private investment firm
- Focuses on innovative tech-enabled manufacturing, service, and software companies.
- Acquired Entity: Concord Servicing Corporation, Inc. ("Concord")
- Date of Announcement: February 15, 2022
This acquisition aligns with Inverness Graham's investment strategy to target companies that demonstrate innovation and provide tech-enabled solutions within the manufacturing, service, and software sectors. The move signifies Inverness Graham's expansion and strategic interest in the services provided by Concord.