Transworld Systems, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Transworld Systems, Inc. - overview
Established
1970
Location
Wilmington, CA, US
Primary Industry
Financial Services
About
Transworld Systems, Inc. is a technology-driven provider of customer relationship outsourcing services, specializing in accounts receivable management and loan servicing to enhance client engagement and financial performance. Founded in 1970 in Wilmington, US, Transworld Systems, Inc. specializes in customer relationship outsourcing services.
The company has undergone strategic pivots to enhance its service offerings, focusing on compliance and data security. Notable figures include CEO Donald Rice and Joseph Laughlin. The firm has completed 3 deals, with recent investments from Clearlake Capital Group and Platinum Equity exiting their stake. Transworld Systems, Inc.
(TSI) is a technology-enabled provider specializing in customer relationship outsourcing services, accounts receivable management, loan servicing, and legal services. TSI's offerings include comprehensive customer care solutions that cater to various aspects of the customer lifecycle, from acquisition to collections. With operations in the United States, the Philippines, and India, TSI utilizes advanced analytics to enhance efficiency and customer satisfaction across diverse sectors, including healthcare, utilities, and financial services. TSI generates revenue primarily through structured B2B partnerships involving service agreements that may include performance-based pricing tailored to client needs.
The company engages clients for accounts receivable management and loan servicing, with costs aligned to the scope of services. Its flagship services are integrated into long-term contracts, fostering sustained engagement and alignments with client financial objectives. The firm aims to expand its service offerings and enter new markets, although specific details regarding upcoming products or geographic targets were not disclosed. Recent funding from Clearlake Capital Group and Platinum Equity, following their exit, will likely support these growth initiatives.
Current Investors
Platinum Equity
Primary Industry
Financial Services
Sub Industries
Accounting Services, Credit Collections & Services
Website
www.tsico.com
Verticals
FinTech
Total Amount Raised
Subscriber access only
Transworld Systems, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Financial Services business of Altisource S.à r.l. | - | ||||||||
| Recapitalisation | Completed | Transworld Systems, Inc. | - | ||||||||
| Secondary Buyout | Completed | Transworld Systems, Inc. | - | ||||||||
| Unspecified Exit | Completed | Transworld Systems, Inc. | - |
Displaying 1 - 4 of 4

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.