FLORIDA, UNITED STATES – TRAKAmerica (Data Search NY Inc.), a leader in legal recovery process optimization, has acquired KnovaOne, a business process outsourcing (BPO) company specializing in legal and accounts receivable management.
KnovaOne to enhance TRAKAmerica’s service offerings
This acquisition enables TRAKAmerica to broaden its service offerings to clients and suppliers, strengthening its position in the legal portfolio management, legal process outsourcing, and collateral recovery management sectors.
The integration of KnovaOne’s differentiated technology, process expertise, and knowledge capital will enhance TRAKAmerica’s service delivery, allowing TRAKAmerica to offer more complete and efficient solutions.
Vincent Iacono, CEO of Data Search NY Inc., welcomed the KnovaOne team, including Neeraj Mendiratta, president of KnovaOne.
Iacono stated, “This acquisition represents a significant milestone for us as we expand our global capabilities and continue our position as a trusted partner for our clients and service providers. We see a clear and accelerated path to significant growth in the near-term, while continuing to deliver exceptional value and results to our stakeholders.”
The integration of KnovaOne’s technology and expertise is anticipated to enhance TRAKAmerica’s efficiency and service delivery.
Mendiratta expressed her excitement about the merger, stating, “We’re excited to join the TRAKAmerica family, drawn by their long-standing success and exceptional leadership in the account recovery industry.”
“KnovaOne’s successful journey could not culminate with a better partner than TRAKAmerica. We believe this union will accelerate KnovaOne’s growth by expanding its client base, adding diverse market segments and strengthening existing client relationships through innovative legal process outsourcing solutions.”
KnovaOne will continue to operate under its own brand, serving its existing client base without disruption, while benefiting from TRAKAmerica’s resources and industry connections to access new markets and clients.
