The sale merges the financial services agency and technology-focused accounts receivable management solutions provider.
6/10/2021 9:00
Account Control Technology Holdings Inc. (ACTH) recently announced the completion of its sale to Transworld Systems Inc. (TSI). Following the sale, TSI further cements the company’s position as the largest technology-enabled provider of accounts receivable management solutions in the U.S., according to a news release from ACTH.
ACTH, an ACA International member company in Mason, Ohio, was established in 1990 by Dale Van Dellen and his wife, Deborah. Their focus was to serve the student and campus-based loans market. Together, they grew the business into a highly successful organization, acquiring Convergent Resources Holdings LLC in 2014 and expanding their business solutions portfolio. Now providing opportunities to over 4,500 employees across the globe, ACTH has become a leading provider of business management and financial services for the higher education, government, health care, consumer and commercial markets.
“Thank you to our awesome staff for their dedication and their loyalty throughout the years. I would also like to thank our clients for their trust in us with their business,” Dale Van Dellen said about the sale. “It was a long road with a few bumps along the way. You have left me with great memories.”
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