Transworld Systems Inc. to Acquire Alltran’s Financial Services Business

LAKE FOREST, Ill., Dec. 3, 2019 /PRNewswire/ — Transworld Systems Inc. (“TSI” or the “Company”), the leading analytics and technology driven provider of accounts receivable management, healthcare revenue cycle and loan servicing solutions, announced today that TSI and certain affiliates entered into a definitive agreement with Alltran to acquire its Financial Services business. Transaction terms were not disclosed.   Alltran Financial Services is a first- and third-party accounts receivable management provider for the financial services, automotive, debt buyer, and marketplace lending industries, with approximately 900 employees working from three operations centers located in the southwestern United States.