Collins Financial Acquired by Private Equity Firm

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00038475-collins-financial-acquired-by-private-equ/

Dallas, TX-based Brazos Private Equity Partners LLC has acquired debt purchaser and seller Collins Financial Services according to the Austin Business Journal.

Brazos announced the deal yesterday. Financial terms were not disclosed.

Collins, a leader in the debt purchasing industry, was founded in 1996 and is based in Austin, TX. Brazos manages an investment fund that totals $250 million. The firm focuses on companies engaged in “manufacturing, consumer products, healthcare, media, and service businesses located throughout the United States, with a particular geographic emphasis on Texas and the Southwest” according to its web site.