• Everyday People Financial (EPF) closes acquisition of Groupe Solution Collect Solu
  • The company’s subsidiary General Credit Services closed the acquisition following an announcement made on March 21
  • General Credit acquired 100 per cent of the shares of Groupe Solution in exchange for a cash payment by General Credit to the shareholders of C$3.4 million
  • Everyday People Financial is a financial services company that manages credit and prepaid card programs, homeownership facilitation and payment management services
  • Shares of Everyday People Financial (EPF) are up 16.44 per cent to C$0.43 as of 1:48 p.m. EDT

Everyday People Financial (EPF) closes acquisition of Groupe Solution Collect Solu.

In a press release, the company said its subsidiary General Credit Services closed the acquisition following an announcement made on March 21.

General Credit acquired 100 per cent of the shares of Groupe Solution in exchange for a cash payment by General Credit to the shareholders of C$3.4 million.

Group Solution serves enterprise clients with accounts receivable management, collections and bill presentment as well as payment management solutions.

It also services banks, telecom and utility companies, property management and construction firms, governments, healthcare providers, transportation and logistics companies and many more.

“This acquisition is just one of many ways that we are working towards advancing our services and expanding our reach. We are committed to continuing to provide our clients with the highest quality of service,” Barret Reykdal, CEO of Everyday People Financial, said in a release.

Shares of Everyday People Financial (EPF) are up 16.44 per cent to C$0.43 as of 1:48 p.m. EDT.

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