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Everyday People Financial Inc ( (TSE:EPF) ) has shared an announcement.
Everyday People Financial’s UK subsidiary BPO Collections has completed the acquisition of ACT Credit Management, a long-established UK debt collection and credit management firm regulated by the FCA, in a cash-funded deal that excludes ACT’s existing debt and involves no new share issuance. The transaction, expected to add C$6 million to C$9 million in annual revenue and C$750,000 to C$1 million in EBITDA, marks the company’s fifth UK RCM acquisition and strengthens its UK platform, while separate share-based settlements of directors’ fees and consultant compensation illustrate an ongoing strategy to preserve cash, reduce liabilities, and support strategic growth.
More about Everyday People Financial Inc
Everyday People Financial Corp. is a technology-driven financial services provider that operates revenue cycle management (RCM) and credit management platforms, primarily in the UK through its subsidiary BPO Collections Limited. The company focuses on debt collection, credit management, and related financial services across multiple industries, leveraging targeted acquisitions to expand its market presence and grow recurring revenues.
Average Trading Volume: 38,912
Technical Sentiment Signal: Buy
Current Market Cap: C$40.9M
Learn more about EPF stock on TipRanks’ Stock Analysis page.