Leading AR Management and Debt Collection Company CACi and Day Knight & Associates Merge
Combined companies will benefit from additional economies of scale
ST. LOUIS – October 20 – The leadership of CACi and Day Knight & Associates (DKA) announced today that DKA is joining forces and merging with CACi.
DKA’s Kevin Baich will become the Vice President of Business Development at CACi and will be instrumental in shaping operational strategy and helping maintain the already high level of client satisfaction. The opportunity to create economies of scale by joining forces with CACi was too good of an opportunity to pass up, Baich said.
“This is the way the industry is heading,” Baich said. “The ever-evolving regulatory demands and increased level of regulatory oversight alone are going to continue to compel more mergers and acquisitions like this.”
The announcement is the latest acquisition for the rapidly growing CACi. The company has built a best-in-class collection operation thanks to a team of employees dedicated to the relentless pursuit of superlative service and results.
“I could not be more thrilled to add Kevin and his team’s talent to the CACi family.” CACi President Roger Weiss said. “Kevin and DKA are well respected in the community and the industry, and his philosophy toward consumer-centric collection practices fit hand in glove with CACi’s culture and philosophy.”
CACi is actively committed to working with companies concerned about managing the rising costs and expenses of maintaining a collection operation. The CACi family of companies offers a unique and rewarding payout strategy that protects the current owners, their clients, and most of all, their employees. A deal isn’t a win unless everyone wins! Contact us today at [email protected].
About DKA
DKA was founded in 2001 and has specialized in healthcare and consumer contract debt collections.
About CACi
CACi was established in 1967, and offers a comprehensive spectrum of accounts receivable management services including a robust internally developed digital platform that provides early intervention, customer retention, patient early out and insurance billing follow-up, and bad debt collections to the healthcare, financial management, fintech, utility, and commercial debt industries. Learn more by visiting them online at www.cacionline.net
