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Home | Uncategorized | American InfoSource Acquires Ascension Capital Group
Hudson & Marshall
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American InfoSource Acquires Ascension Capital Group

American InfoSource Acquires Ascension Capital Group

""American InfoSource LP"": (AIS) announced that it has acquired substantially all of the assets of ""Ascension Capital Group, Inc.,"": (ACG).

AIS hopes to combine its experience dealing with unsecured portfolios with ACG's history of secured bankruptcy servicing to create a more comprehensive bankruptcy servicing platform. The acquisition will give AIS the legal and operational resources necessary to offer servicing to secured lenders.

""American InfoSource is excited about this expansion and the acquisition of the talent and expertise at Ascension. ACG offers a secured bankruptcy solution which is an ideal complement to our current business,"" said Blake Hogan, president of AIS. ""By blending their expertise with our bankruptcy data, servicing technology and brand protection programs, we have solidified our position as the leading servicer of consumer bankruptcy debt.""

AIS is a Houston-based global financial services company that specializes in the fields of bankruptcy, estate, and debt settlement. ACG is an Arlington, Texas-based firm that manages secured bankrupt accounts for lenders.

Hudson & Marshall

About Tory Barringer

Tory Barringer
Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.

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