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Ideal Recovery and Absolute Recovery Merge to Expand Regional Reach

Ideal Recovery and Absolute Recovery Merge to Expand Regional Reach

St. Louis-based Ideal Recovery has acquired Charlotte-area firm Absolute Recovery, creating a consolidated collateral recovery platform spanning the Midwest and Southeast. The merger, facilitated by Viking Mergers & Acquisitions, unites two established providers of repossession and asset management services under a single organizational umbrella.

Absolute Recovery founder Brent Hulderman launched his firm nearly two decades ago, growing it from a single-truck operation into a mainstay for banks and automotive lenders within a 50-mile radius of Charlotte. Hulderman will stay on as a strategic partner to ensure the transition of operating knowledge and client relationships remains seamless.

For the Ideal Recovery leadership team, the acquisition represented a chance to secure a foothold in a high-demand market while absorbing Absolute’s documented systems and diversified revenue streams. Brando Reyna, Senior Advisor at Viking Mergers & Acquisitions, noted that the deal moved efficiently because of Hulderman’s preparation and clear understanding of core transaction points. This combination highlights a broader trend of institutional interest in founder-led service businesses that maintain disciplined operations and long-term customer loyalty.

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