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Everyday People Financial Inc ( (TSE:EPF) ) has provided an announcement.
Everyday People Financial Corp. has announced the acquisition of ACT Credit Management Limited through its subsidiary, BPO Collections Limited. This acquisition, marking the company’s fifth, is expected to enhance its revenue cycle management business by leveraging ACT’s expertise in debt collection and credit management across the UK. The acquisition is anticipated to contribute significantly to the company’s annual EBITDA and revenue, supporting its strategic growth objectives. The transaction is considered non-material and does not require shareholder approval, with completion expected by January 3, 2026, pending customary closing conditions.
More about Everyday People Financial Inc
Everyday People Financial Corp. is a technology-driven financial services company operating in the United Kingdom and Canada. It offers fee-for-service solutions through two main business pillars: Revenue Cycle Management, which aids organizations in recovering receivables and optimizing billing processes, and Financial Services, which provides digital tools and credit access programs to support financial journeys. The company is committed to providing affordable and innovative financial solutions to help individuals and businesses manage money better.
Average Trading Volume: 50,811
Technical Sentiment Signal: Buy
Current Market Cap: C$43.32M
For detailed information about EPF stock, go to TipRanks’ Stock Analysis page.