TrueAccord leveraged Corporate Advisory Solutions’ deep expertise in the accounts receivable management industry to execute a strategic acquisition that expands its client base and adds Sentry’s first party and litigation collection services to its offerings.
PHILADELPHIA, PA (May 05, 2025) – Corporate Advisory Solutions (CAS) is pleased to announce the acquisition of Sentry Credit, Inc. (Sentry), a full-service accounts receivable management firm based in Everett, Washington, by TrueAccord Corp. (TrueAccord), a digital-first debt collection agency that is reinventing the collection experience with the use of machine learning technology to help customers resolve their debts. CAS acted as the exclusive buy-side M&A advisor to TrueAccord in this transaction.
TrueAccord’s acquisition of Sentry Credit brings together two mission-aligned companies committed to delivering empathetic, results-driven debt collection services. The transaction adds new clients to TrueAccord’s portfolio and enhances first-party and litigation capabilities, building its service offerings. Sentry’s long-standing reputation for customer service complements TrueAccord’s digital-first platform, setting the stage for stronger consumer outcomes and operational synergies.
“It was a pleasure working closely with the teams at TrueAccord and Sentry throughout the process. There is a clear alignment in values and vision between the two organizations, and we are excited to see how the combined entity continues to innovate and lead the evolving accounts receivable management landscape.”-Drew Sacher, Vice President of Corporate Advisory Solutions.
The accounts receivable management industry continues to consolidate as providers seek scale, expanded capabilities, and differentiated technology. This transaction highlights the trend of modern, tech-enabled platforms integrating into traditional agencies to deliver a more personalized and efficient collections experience. As the landscape evolves, strategic combinations like this will play a key role in shaping the industry’s future.
“The integration of Sentry into our ecosystem supports TrueAccord’s continued growth, expands our service offerings and enhances our ability to deliver a better debt collection experience to even more consumers.”-Mark Ravanesi, CEO of TrueAccord.
“Sentry Credit was founded June 1st of 1992. We are just one month shy of celebrating our 33rd year in business. It’s been an incredible journey. I am very proud of what we have built at Sentry Credit and excited to see our legacy continue with a partner who shares our exceptional commitment to clients and performance.” -James Stewart, Co-Founder of Sentry Credit.
“Joining forces with TrueAccord was a natural next step for Sentry Credit – our shared vision and values will ensure continuity for our clients and drive growth for both companies.” -Michael Mathis, Co-Founder of Sentry Credit.
If you would like to confidentially discuss strategic plans for your business or market trends impacting the tech-enabled outsourced business services sector, please reach out to Michael Lamm ([email protected]) or Drew Sacher ([email protected]).
About Corporate Advisory Solutions
Corporate Advisory Solutions (CAS) is an independent investment and merchant banking firm based in Philadelphia and Washington, D.C., specializing in M&A, valuation, and strategic advisory services for the Global Outsourced (tech-enabled) Business Services (OBS) sector. The CAS team brings over 40 years of combined M&A, valuation, exit prep, and strategic advisory experience to every engagement, and its members have successfully completed over 140 transactions representing more than $2.5 billion in deal value within these core markets. Follow CAS on LinkedIn or visit www.corpadvisorysolutions.com for additional information.
About TrueAccord
A subsidiary of TrueML Technologies, TrueAccord is the trusted industry leader in third-party debt collection, leveraging data science and technology to deliver superior results and a best-in-class consumer experience. Since 2013, TrueAccord has served more than 40 million consumers in debt with a more humane collection experience while delivering unmatched liquidation rates as the leader in digital-first collections for the Buy Now Pay Later, fintech, telecommunications and credit union industries, among others. Visit www.trueaccord.com and follow on LinkedIn to learn more.
About Sentry Credit
Sentry Credit, Inc., established in 1992 and headquartered in Everett, Washington, is a nationally licensed debt collection agency. The company emphasizes a compassionate and respectful approach to debt resolution, aiming to redefine industry standards by focusing on fairness and professionalism in every interaction.