Wayne, PA – January 15, 2020 – RCap Equity Partners announced today that it has acquired a controlling interest in Douglas-Guardian Services Corporation (“Douglas-Guardian”). Based in Houston, Texas, Douglas-Guardian is a provider of risk mitigation solutions to asset-based lenders.
The Company’s services include monitoring, inspecting, and managing loan collateral such as automobiles, manufactured homes, recreational vehicles, agricultural equipment, and other durables. Douglas-Guardian serves global, national, and regional banks and independent financing providers as well as leading manufacturers and their captive finance companies. Douglas-Guardian administers loan collateral in every U.S. state and many of the Canadian provinces.
“We are excited about our new partnership with RCap Equity, as it will enable us to continue our growth and expand our services and technology solutions to meet our clients needs,” said Bruce Lurie, CEO of Douglas-Guardian. “They share our vision of the future.”
“We are looking forward to working with Douglas-Guardian and CEO Bruce Lurie,” said Randall Kutch, General Partner of RCap Equity. “Douglas-Guardian is a deeply entrenched player in the collateral management space and has some of the most enduring customer relationships in the industry. We are excited about the growth prospects that lie ahead.”