September 26, 2005

Citigroup Venture Capital International Acquires Controlling Interest in Receivable Management Services

Category: Uncategorized – Author: admin – 3:40 am

From businesswire.com

Receivable Management Services (RMS), a leading global accounts receivable management company, today announced that Citigroup Venture Capital International (CVCI) has acquired a controlling interest in the company from PNC Equity.

"RMS is a leader in global accounts receivable management and has the leading market position in the business to business service segment," said Bob Khanna, a partner with CVCI. "We are excited to move ahead with management on growing the base business while leveraging our international expertise to extend the global platform for RMS."

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