ARROW FINANCIAL SERVICES

Arrow Financial Services is one of the industry leaders in debt purchasing and contingency collections. The company, headquartered in Niles, Illinois, employs around 1,400 people in offices in Niles, Gaithersburg, MD, San Diego, CA, Whitewater, WI, and Rockville Centre, NY. Arrow, which was founded in 1961, will retain its brand in the deal and the existing management team will stay in place.