HandsOn Ventures adds Bay Area Credit Service, Inc. & e-MergiCall Services, Inc. to its portfolio

Bay Area Credit Service and e-MerigiCall gear up for Strategic Growth

Santa Monica, California, – HandsOn Ventures (HOV), a California based buyout firm today announced that it has added Bay Area Credit Service, Inc. (“BACS”) and e-MergiCall Services, Inc., (“ECall”) leading providers of Receivable Management Services to Fortune 1000 clients in the healthcare and telecommunication industries, to its portfolio. With these additions, HOV continues to expand its presence in the Business Process Outsourcing (BPO) sector. The benefits provided by synergies between the portfolio companies, delivery capabilities offered domestically and internationally, the established leadership in financial recovery services, long term relationship with blue chip companies and an experienced management team were key factors in bringing the parties together.

In making this announcement, Rick Hunter, President of BACS commented, “This is a great opportunity for growth. By working with HOV portfolio companies and leveraging their experience and product expertise, we firmly believe that BACS can deliver an even more compelling value proposition to its clients and employees. We are now able to service diverse markets and provide comprehensive solutions to our clients.”

“Bay Area Credit is a very successful and one of the most respectable, national financial services company in the country. We plan to continue making additional investments both domestically and internationally to help BACS grow organically and with acquisitions”, said Par Chadha, Managing Partner of HandsOn Ventures.

About Bay Area Credit Service

Bay Area Credit Service is a San Jose, California based debt collection and receivables management firm specializing in the telecommunications, health care and financial services industry. Founded in 1963, the organization specializes in first and third party customer care and collection operations in eight call centers and billing offices in the United States and India.

For more information visit:www.bayareacredit.com

About HandsOn Ventures

HandsOn Ventures is a Santa Monica, California based buyout firm with years of experience in acquiring and growing companies in the technology and services sector. HOV is both an opportunistic and a synergistic buyer and acquires profitable companies in primarily in service sector providing Financial Services and Financial Recovery Services, Consulting,, Construction Management, Risk Management and Mitigation.