CHICAGO -

Renovo Services recently unveiled its new brands and corporate identity for each of its four company segments as well as a revamped website meant to serve lenders and other companies that need recovery services.

Company officials emphasized Renovo Services’ new brands and identities are meant to stress that they can handle any or all segments of the delinquency process.

Its business lines rebranded as The Renovo Companies are as follows:

—Accis Solutions is its full service recovery management solution and operates with its proprietary “Get Best Agent” software.

“We have a national network of the most professional agencies in the business,” officials mentioned. “Prior to today, these businesses were known as Renaissance Recovery Solutions and Remarketing Solutions.”

—Allegent Recovery is its full-service direct repossession business with more than 200 trucks and approximately 250 CARS certified professional recovery agents serving most major markets.

This company was previously known as Renovo Recovery.

—Skip Pros is the full service skip-tracing and investigative services business. It is currently comprised of 50 skip-tracers using state-of-the-art technology to secure hard-to-find collateral.

—Compellum is its early and late stage collection company.

“Although a fairly new offering, Compellum is currently licensed in 47 states,” officials pointed out. “This company has had tremendous success and is poised for growth.”

—ReposDirect.com is its new online auction company that can sell repossessed vehicles directly from storage lots.

“This option has a great cost advantage and significantly reduces time, logistics and potential damage,” officials highlighted.

“We are able to manage the entire process through our Remarketing Solutions brand or act as a conduit for you internal remarketing team,” they continued. “ReposDirect.com is a platform agnostic and will be open for business this summer.”

Kevin Flynn, chairman and chief executive officer of Renovo Services, highlighted that, “Renovo Services’ work over the last four years has brought us to this place.

“Once a financial institutions’ customer fails to submit payment, Renovo Services can handle every aspect of the delinquency process,” Flynn insisted.

“We can do collections with Compellum. If we are unable to collect the account, we will manage the repossession process through ACCIS Solutions. Then our proprietary Get Best Agent program will select the best agency in the area to conduct the repossession. This program may select Allegent Recovery, our 200 truck direct repossession company. If we are unable to secure the unit, we can forward the account to Skip Pros, our 50-member team of skip-tracers, for deeper investigation. Once we have secured the vehicle, we can sell it directly from our storage lot through ReposDirect,” he continued.

“Obviously, customers can use some or all of our services, and we can design custom solutions that best fit our customers’ needs,” Flynn went on to say.

Beyond the corporate restructuring, Flynn described how the company is adopting a new tagline, “Leading the Industry Forward.” The strategy also includes a series of proactive messages designed to communicate how “Renovo Services is distancing itself from the competition and helping shape the future of the vehicle transition industry,” Flynn said.

Furthermore, in conjunction with the new identity rollout, Renovo Services also has launched a new corporate website at www.renovoservices.com.

The company noted the new site is designed as an “easy-to-access and easy-to-use” online resource for customers and prospects, providing useful tools, information and news about Renovo Services and The Renovo Companies.

From the corporate site, users can link directly to the individual business line sites or contact the customer management team with one-click access.

“We will continue to populate our sites with engaging and informative-rich content so that we can provide thourough leadership and be a go-to resource for our customers,” stated Scott Kolb, senior vice president for customers at Renovo Services.