IAB Solutions LLC
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IAB Solutions LLC - overview
Established
1984
Location
-, PA, US
Primary Industry
Financial Services
About
IAB Solutions LLC specializes in accounts receivable management, focusing on deduction validation and recovery services. The company employs experienced professionals and technology to enhance financial processes for its clients. IAB Solutions LLC provides accounts receivable management services, primarily focusing on deduction validation and recovery. Founded in 1984, the company has operated without notable pivots or changes in strategy.
The firm is headquartered in the US and has undertaken two deals, with its most recent deal occurring on January 17, 2013. In early 2013, IAB was acquired by Skillman Management & Capital, with financial details of the transaction not disclosed. IAB Solutions, LLC specializes in accounts receivable management, with a primary focus on deduction validation and recovery services. The company employs a unique blend of experienced professionals and proprietary technology to deliver effective solutions for managing deductions, disputes, and chargebacks.
Core offerings include post-audit validation, recovery logistics, aged deduction management, and trade revenue reconciliation, addressing challenges in the consumer packaged goods sector and serving clients in food and beverage, pharmaceuticals, electronics, and personal care products across North America and parts of Europe. IAB Solutions operates on a value-share model where clients engage in a pay-only-for-results program, making revenue contingent on successful recovery of deductions and receivables. Structured as partnerships and B2B agreements, IAB acts as an extension of its clients' financial departments. Revenue is generated through service fees tied to successful collections, with pricing tailored to each client's needs, particularly for comprehensive deduction recovery services.
This aligns IAB’s interests with its clients to maximize financial recoveries and improve cash flow stability. IAB Solutions plans to enhance its service offerings and expand into new markets. The upcoming launch of new products is under development, although specific release dates have not been disclosed. The company aims to increase its presence in specific geographic regions, focusing on expanding within Europe by 2024.
The acquisition in 2013 by Skillman Management & Capital is expected to provide resources to support these growth initiatives, aligning with IAB's strategic goals.
Current Investors
Skillman Management & Capital
Primary Industry
Financial Services
Sub Industries
Credit Collections & Services, Accounting Services
Website
www.iabllc.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
IAB Solutions LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | IAB Solutions LLC | - | ||||||||
| Buyout | Completed | IAB Solutions LLC | - |
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