Williams, Cohen & Gray, Inc., a Commercial Collection Agency, Completes First Planned Acquisition

Mar 18, 2011, 14:57 ET from Williams, Cohen & Gray, Inc.

HOUSTON, March 18, 2011 /PRNewswire/ -- WILLIAMS, COHEN & GRAY, one of the most prestigious accounts receivable management and debt collection agencies in the nation, announced today the completion of its strategic acquisition of New Orleans-based CREDITORS RESOURCE GROUP, a regional collection agency.

Robert Williams, Founder and CEO of WILLIAMS, COHEN & GRAY stated, "I am very excited about bringing CRG into our organization. In just 4 years this talented management team grew CRG from a start-up to a client base of over 1,200 clients. Tom Lynch (CRG's CEO) has worked in collections for over 22 years and is one of the brightest minds in the industry. His reputation for strategic thinking and innovation will pave the way for our continued growth as he assumes his new position of Vice President of Business Development." Mr. Williams also reported that all CRG employees will be retained in their previous positions.

Thomas Lynch stated, "The combination of our two firms creates a perfect overlay of talent and technology. As part of a larger organization we will be able to quickly refine and strengthen our current services. This will substantially benefit clients of both agencies as we develop and deploy additional services. Stay tuned...there are some great things coming!"

ABOUT WILLIAMS, COHEN & GRAY

WCG provides contingency based pre-collection, debt collection, and collection litigation services to a national and international clientele. The company is fully licensed, bonded and insured in every U.S. state and Canadian provinces where required.  The collection staff working your accounts will consist of IACC certified commercial collectors, licensed private investigators, certified fraud examiners, and fully bonded and accredited collection attorneys. Additionally, our treatment process regularly involves local, state, and federal regulatory agencies to assist in the process, where applicable. As a result of our comprehensive and innovative approach to debt collection, our clients benefit from one of the highest collection success rates in the industry.

Williams, Cohen & Gray, Inc.

www.wcgcollects.com

713-457-0830



SOURCE Williams, Cohen & Gray, Inc.



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