MIAMI — Trivest Partners (“Trivest” or the “Firm”) is pleased to announce it has acquired D&S Global Solutions (“D&S”). Founded in 1997, D&S is a technology-enabled, invoice-to-cash solutions provider focused on the business-to-business market. The D&S acquisitions expands Trivest’s footprint within the commercial receivable management industry with its prior acquisition of AGA.
D&S, headquartered in Austin, TX, was an early adopter of technology to allow for a distributed workforce. The company will continue to be led by the founder, Lonnie Larson, and his talented management team, which oversees proprietary technology and global service delivery capabilities in Latin America, Europe, Africa, and Asia. D&S has grown internationally over the past decade, with expertise in invoice-to-cash solutions for Fortune 500 clients within agriculture, technology, energy, healthcare, telecommunications, and financial services.
“I am extremely proud of my D&S team and the outstanding results we have delivered for our clients with a focus on project performance and customer experience,” said Lonnie Larson. “To be honest, I was not in the market to sell my company; but my discussions with Trivest convinced me that they were the right partner to accelerate our growth through investments in customers, technology, employees, and geographic reach. As important, Trivest understands the D&S culture and vision to deliver world-class solutions for our clients.”
Forest Wester, Partner at Trivest, added, “We are pleased to partner with D&S. They have done an outstanding job over the past two decades of delivering industry-leading solutions within the commercial invoice-to-cash markets. D&S’s proprietary technology, suite of services, and global delivery capabilities provide an attractive opportunity to extend our platform with AGA within the B2B receivable management space.”
AGA CEO, John Fisher, commented, “We could not be happier about the transaction: it provides the opportunity to bring to AGA’s client base an expanded service offering including digital transformation capabilities, first party collections and order-to-cash outsourcing, and global delivery centers. When you add in the opportunity to work with a talented and passionate leadership team at D&S — our ability to deliver transformative solutions for our clients is unlimited!”
ABOUT D&S GLOBAL
Founded in 1997 and headquartered in Austin, TX, D&S is a technology-enabled, invoice-to-cash solutions provider focused on the business-to-business market. D&S was an early adopter of technology to allow for a distributed workforce. The company’s leadership team oversees proprietary technology and global service delivery capabilities in Latin America, Europe, Africa, and Asia. D&S has grown internationally over the past decade, with expertise in invoice-to-cash solutions for Fortune 500 clients within agriculture, technology, energy, healthcare, telecommunications, and financial services sectors.
About AGA
AG Adjustments (AGA) is a leading provider of accounts receivable management solutions, focused on third party commercial debt recovery. AGA is headquartered in Melville, NY, with an additional facility in Arizona and serves over 1,000 customers across all industries. AGA has grown over its 50-year history due to its singular focus on B2B commercial collections via experienced and professional staff, high customer experience standards, and performance analytics, which have led to industry-leading recovery rates and long-standing customer relationships.
