Transworld Systems Inc. (TSI), the leading technology-enabled revenue recovery outsourcing provider in the United States, announced today its acquisition of DebtNext, a premier provider of recovery management software solutions. This strategic acquisition strengthens TSI's position as a technology leader in the revenue cycle and receivables management industry.

DebtNext is the leading enterprise receivables management software platform for credit originators. dPlat, the DebtNext SAAS software platform, provides credit originators with a system of record for consumer debt post charge-off, recovery workflow management, and access to and management of their third-party service providers. By integrating DebtNext's technology with TSI's industry-leading solutions, the combined organization will deliver even greater value to clients across financial services, healthcare, telecommunications, and other industries.

"We are thrilled to welcome DebtNext to the TSI family," said Joe Laughlin, Chief Executive Officer of TSI. "DebtNext's technology and expertise are a perfect complement to TSI's best-in-class revenue recovery solutions. This acquisition reinforces our commitment to providing clients with cutting-edge tools that drive financial performance and operational efficiency."

The integration of DebtNext's technology into TSI's portfolio will enable clients to leverage advanced data analytics, automation, and compliance-driven workflows to optimize recovery strategies.

"Joining TSI represents an exciting new chapter for DebtNext," said Paul Goske, founder of DebtNext. "Our mission has always been to empower organizations with technology-driven recovery solutions. By partnering with TSI, we can further expand our impact and provide even more robust solutions to our clients."