Monroe Moxness Berg provided legal advice to Primeritus Financial Services, a portfolio company of Kinderhook Industries LLC, in its acquisition of Roquemore Holdings LLC. Dallas-based Roquemore provides vehicle skip tracing services and repossession management to the credit union and collateral protection industries. This is the fifth acquisition on the Primeritus platform and Kinderhook’s 33rd automotive related transaction.
Based in Nashville, TN, Primeritus is a national provider of repossession management, remarketing, title services and skip tracing services to the auto finance industry. Kinderhook Industries is a private equity firm with more than $1.25 billion of committed capital investing in orphaned non-core subsidiaries of corporate parents, existing small capitalization public companies lacking institutional support and management-led recapitalizations of entrepreneur-owned companies.