MINNEAPOLIS, Minn. – DCM Services (DCMS), LLC, the industry leader in data and contact management solutions for the estate recovery market, has been acquired by WILsquare Capital, a private equity firm based in St. Louis, Mo. The deal closed January 25, 2017, and the purchase price was not disclosed.
DCMS provides data and contact management solutions for businesses in the financial services, healthcare, telecommunications, and utilities markets. DCMS’ proprietary Probate Finder® technology and expertise provides the foundation for best-in-class solutions serving the estate recovery market. By partnering with its clients, DCMS has been able to maximize client satisfaction while setting the standard for compliance results.
“Our success has been achieved as a result of our focus on technology, high standards of compliance and most of all, commitment to partnering with our clients. This is an exciting time for DCMS because, with WILsquare Capital, we have found a partner that shares our values and is interested in leveraging our strengths to support growth in our existing and targeted markets,” said Ben Boyum, DCMS chief executive officer.
“We are extremely pleased to partner with the management team of DCMS to continue to invest in their success in providing unmatched specialized service to their customers. DCMS has built a strong reputation by utilizing proprietary technology tools and strong cultural values that permeate throughout the organization,” said Bill Willhite, co-founder and managing partner, WILsquare Capital.
WILsquare Capital is a private equity firm dedicated to providing financial capital and operating experience to lower-middle market companies in the Midwest and South. Founders Bill Willhite and Jamie Wilmsen understand the unique challenges that businesses in these regions face, and are committed to stable growth and success by providing guidance and support to business owners.
The acquisition was managed by Greenberg Advisors, a M&A advisory firm specializing in ARM and RCM transactions. DCMS was owned by Norwest Equity Partners, a Minneapolis-based equity investment company, from 2006 until the sale to WILsquare Capital.
About DCM Services
Minneapolis-based DCM Services, the industry leader in estate account recovery, maximizes the value of estate portfolios for their clients. For more information on all DCM Services’ offerings, visit www.dcmservices.com.