Queen Saenz + Schutz PLLC represented Raleigh-based Consolidated Asset Recovery Systems, Inc. (CARS), a portfolio company of Greenridge Investment Partners, in its recent sale to Primeritus Financial Services, Inc., a portfolio company of Kinderhook Industries, LLC. Transaction terms were not disclosed.
CARS is a leading provider of SAAS solutions to automotive finance companies, forwarders and repossession agents to enhance repossession and remarketing services. More information on CARS, Primeritus and the transaction may be found here.