NASHVILLE, Tenn. -

After a year of multiple acquisitions, restructuring and rebranding, Primeritus Financial Services celebrated the company’s 500,000th repossession assignment on Monday. 

Primeritus Financial Services chief executive officer Chuck Tapp reflected on the accomplishment and shared when he hopes the company will hit its next milestone in connection with its recovery management, skip-tracing and remarketing services.

“It’s an exciting time. Right now, we are proud of our progress and accomplishments over the last 16 months.  We are truly humbled that our clients believe in us and helped us work through our transitions,” Tapp said.

“Our management team is looking forward to doing even more — to cement Primeritus as the mainstay among the elite repossession, skip and remarketing service providers in our industry,” he continued. “Our goal is to celebrate our 1 millionth repossession assignment well before next July.”

The company acquired seven different business units during the past 12 months, restructured and rebranded these business units under the Primeritus Financial Services umbrella, including

—Primeritus Recovery
—Primeritus SkipMasters
—Primeritus Transport
—Primeritus Remarketing

Furthermore, the company stated that it had made significant improvements and investments into its agent network, technology and compliance programs to differentiate themselves from competitors. 

“There’s an unquestionable sense of momentum and the challenge now is to sustain this momentum,” said Joe Mappes, executive vice president of marketing, sales and service at Primeritus. 

“The leadership team has done a tremendous job in creating a culture in which the customer is truly at the center of everything we do, which is why we are celebrating this 500,000th milestone,” Mappes went on to say.

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