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LANSING - Money Recovery of Michigan Inc. has been acquired by Nationwide Collection Agencies Inc. to form Money Recovery Nationwide (MRN), a Lansing-based full-service collection agency. The acquisition, completed Jan. 3, has allowed Nationwide to more than double its size, said LL. "Ike" Ranger, MRN's president/CEO and part owner of the new company.
Gary Ferdig, a longtime independent contractor with Money Recovery of Michigan, is a partner in the new company as well as its vice president in charge of sales and marketing. Other partners include James J. Weed, chairman, Rebecca Weed, secretary/treasurer; and Art Nottage, vice...