MVTRAC Announces Investment by Bison Capital

FOR IMMEDIATE RELEASE

PALATINE, IL – 31 July 2017 – MVTRAC, a leading provider of license plate recognition (LPR) software and data solutions for auto financing and asset recovery agencies, announced the closing of a growth recapitalization of the company with Bison Capital Asset Management, LLC (“Bison Capital”).

MVTRAC’s patented LPR solutions allow its customers to achieve significant improvements in productivity and efficiency and enhance compliance. Bison Capital’s investment will allow MVTRAC to accelerate its growth by expanding its sales and client service resources to enhance its technology suite and pursue acquisitions.

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MVTRAC Endorses Recovery Standard Company

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FOR IMMEDIATE RELEASE

Crown Point, Indiana – August 20th , 2015 – MVCONNECT, LLC (http://mvtrac.com/) and its divisions MVTRAC and MVRecovery have all chosen to endorse the Recovery Standard repossession company compliance program and online course for their repossession vendors. MVTRAC recommends Recovery Standard for annual training, testing and site inspections to all of their contractors. MVTRAC is dedicated to ensure compliance training and inspections for its contractors now and in the future. To further show its commitment to compliance, MVTRAC is also having its compliance people take the online compliance course.

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MVCONNECT, LLC (MVTRAC) ANNOUNCES KEY PROMOTIONS

 

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FOR IMMEDIATE RELEASE

PALATINE, IL — MVTRAC has announced the promotion of Executive Vice President of Business Development, Luke K. Smith, to partner and President of MVCONNECT, LLC and its divisions and concurrently promoted and made partner existing Executive Vice President of Investigations, Garry W. Jackson, Stacey M. Bailey, Executive Vice President of Compliance and Training and Eric H. Daehn, Operations Group Manager.

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