DCA to re-brand following acquisition

Debt collection agency Close Credit Management (CCM) will be re-branded as Bluestone Credit Management after it was snapped up by the Bluestone Group for an undisclosed fee.

The new branding will take effect in the next six weeks and Alistair Jeffery, Bluestone’s executive chairman, will be acting chief executive of CCM after Nick Shepherd exited the post following the deal. The rest of the current management team remains unchanged. Jeffery told Credit Today that the firm was weighing up a number of possible expansion plans, which may include growing the firm’s field force in the medium term with an eye on possible demand in the secured lending sector, and creating a technology offering which allows clients to view the progress of their collection books in...Read more on this news here----> CLICK HERE