GLENVIEW, Ill.—BSG Clearing Solutions North America L.L.C. acquired VoiceLog L.L.C.’s third-party verification business. The $15.6 million transaction closed June 30.
VoiceLog’s TPV business involves gaining automated or live confirmation that businesses or individual customers switched telecom providers, which is required or authorized by the Federal Communications Commission in most states for telecommunications service changes. According to VoiceLog, the company commands about 60 percent of the U.S. market in TPV by number of clients.
BSG Clearing Solutions is a wholly-owned subsidiary of Billing Services Group Ltd.
