Billing Concepts Inc. (BCI, Booth 612) and ACI Billing Services Inc. (ACI, Booth 612) have joined forces to create the largest clearinghouse in the United States, say the companies. Billing Services Group LLC, the new holding company of BCI and ACI, will bill and settle at least $1 billion annually and is the newest addition to the investment portfolio of ABRY Partners, LLC. This is the first time the companies have exhibited together.
"The combined strengths of Billing Concepts and ACI will allow us to provide more innovative solutions to current and prospective customers," says Patrick J. Haynes III, chairman and CEO of Billing Services Group. "It will give BCI and ACI the scale to expand their competencies into new areas while maintaining the committed working relationships each company has with its customers."