EquiPro Holdings

What EquiPro Holdings does

EquiPro Holdings is a privately held holding company founded in 1995 by William Alias III and headquartered in Oxford, Mississippi, that builds, acquires, and operates companies in financial services, healthcare services, consumer credit, and specialty investments across the Southeastern United States. The group comprises five wholly-owned operating subsidiaries: Security Credit Services, a top-10 U.S. debt buyer that has purchased and managed more than $30 billion in performing and non-performing receivables since 2003; Life Dental Group, a dental services organization (DSO) operating 12+ practices across Mississippi, Alabama, and Tennessee; Action Auto, a buy-here-pay-here used vehicle dealership with five retail locations in Mississippi and Alabama; Jormandy, LLC, a Virginia-based delinquent receivables purchaser acquired in 2020; and Encompass Capital Investments, an internal investment vehicle for the parent and participating employees deploying capital into sub-prime markets, receivables, real estate, medical, and payments.

Revenue is generated through five distinct streams tied to each subsidiary: managed services fees from dental practice partnerships (Life Dental Group); vehicle sales and in-house financing (Action Auto); debt purchasing and collection economics on performing and non-performing receivables (Security Credit Services and Jormandy); and investment returns on capital deployed outside the operating portfolio (Encompass). Go-to-market motions are correspondingly diverse: enterprise field sales for receivables purchasing to banks, credit card issuers, and healthcare systems; partnership-based DSO recruitment of dentists; physical retail and community-based consumer sales for used vehicles; and direct relationship management for Virginia debt sellers.

The underlying technology stack consists of custom software and data analytics platforms used for receivables management, collections tracking, and dental practice management; these are described as data-driven and compliance-focused but no proprietary AI/ML systems, patents, or technology products are disclosed. The portfolio is supported by shared services in marketing, HR, finance, technology, compliance, and recruiting delivered from the Oxford home office, and the company is bootstrapped with no disclosed external private equity or venture capital investors.

Name

EquiPro Holdings

Legal name

EquiPro Holdings

Website

https://equiproholdings.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

EquiPro Holdings is a privately held Oxford, Mississippi-based holding company that owns and manages five operating subsidiaries spanning debt buying (Security Credit Services, Jormandy), dental services organization (Life Dental Group), buy-here-pay-here auto retail (Action Auto), and specialty investments (Encompass Capital) across the Southeastern United States.

Ownership category

akta.pro rank

Product category

Diversified Holding Company

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Direct Lending — Asset-Based Lending (ABL) (FSAHAJAE)

akta.pro secondary industry

Asset-Based Lending (ABL) (FSANADAD)

Keywords

• Receivables management services
• Dental services organization
• Buy here pay here
• Debt purchasing services
• Holding company management

Headquarters

HQ city

Oxford

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Life Dental Group – DSO Management Services: Life Dental Group operates as a dental service organization (DSO), generating revenue by providing management, accounting, marketing, and administrative services to partnered dental practices. Enables dentists to focus on patient care while the company manages business operations.
2. Action Auto – Vehicle Sales and Financing: Action Auto is a buy-here, pay-here used automobile dealership. Revenue comes from vehicle sales and in-house financing of vehicles to individuals regardless of credit background. Offers cash deals and financed purchases.
3. Security Credit Services – Debt Purchasing: Security Credit Services purchases performing and non-performing account receivables including credit cards, healthcare, bank loans, and specialty financed accounts. Generates returns through collection and resolution of purchased debt.
4. Jormandy – Debt Purchasing and Servicing: Jormandy purchases delinquent receivables and specializes in servicing past-due debts across the Commonwealth of Virginia. Revenue generated through collection of purchased receivables.
5. Encompass Capital Investments: Serves as an investment vehicle for EquiPro Holdings and participating employees, investing in sub-prime markets, receivables management, real estate, medical, and payments industries outside the core portfolio companies.

Go-to-market motion4 records

Distribution channels4 records

Marketing channels7 records

Core offering

EquiPro Holdings is a privately held holding company that builds, operates, and grows wholly-owned subsidiary companies across service industries. Its active operating businesses are Security Credit Services (a top-10 U.S. debt buyer purchasing performing and non-performing receivables from financial institutions and healthcare providers), Life Dental Group (a dental services organization that partners with dental practices and provides management, accounting, marketing, and compliance services), Action Auto (a buy-here, pay-here used automobile dealership serving sub-prime credit consumers across Mississippi and Alabama), Jormandy, LLC (a Virginia-based purchaser and servicer of delinquent receivables), and Encompass Capital Investments (a participation investment vehicle).

Product overview

EquiPro Holdings is a privately held holding company that builds, grows, and manages subsidiary companies. The portfolio consists of: Security Credit Services (a top 10 U.S. debt buyer managing performing and non-performing receivables); Life Dental Group (a dental services organization operating 12+ dental practices across Mississippi and Alabama); Action Auto (a buy-here-pay-here used auto dealership); Jormandy, LLC (a Virginia-based debt collection company acquired by SCS); and Encompass Capital Investments (an investment vehicle). The parent company provides operational support, financial stewardship, and growth strategies to its subsidiaries.

Differentiator

Problem solved

Functional benefit

Products and services

• Security Credit Services A top-10 U.S. debt buyer (also known as EquiPro Investments) that purchases performing and non-performing account receivables including credit cards, healthcare, bank loans, and specialty financed accounts from financial institutions and healthcare providers. Has purchased and managed more than $30 billion in receivables since 2003. RMAI Certified.
• Life Dental Group Dental services organization (DSO) that partners with dental clinics across Mississippi and Alabama, providing management, accounting, marketing, HR, technology, and compliance support so dentists can focus on patient care. The only ADA CERP-certified continuing education provider in Mississippi. Operates 12-plus practices across the two states.
• Action Auto Buy-here, pay-here used automobile dealership selling vehicles with in-house financing to individuals regardless of credit history. Operates lots in Oxford MS, Columbus MS, Tupelo MS, Decatur AL, and Florence AL, with growth plans to add 2-3 new lots annually.
• Jormandy, LLC Virginia-based purchaser and servicer of delinquent receivables operating throughout the Commonwealth of Virginia. RMAI Certified. Operates from Norfolk, VA under the leadership of Diane Manning, Esq.
• Encompass Capital Investments Investment vehicle for EquiPro Holdings and participating employees, pursuing investments in sub-prime markets, receivables management, real estate, medical, and payments industries outside the core portfolio companies.

Quantifiable outcome

• Security Credit Services has purchased and managed more than $30 billion in receivables since 2003.
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Jormandy, LLCcoreStrategic or Co-development Partner · 2 November 2021Security Credit Services acquired Jormandy, LLC in November 2021. Jormandy is a purchaser and collector of receivables established in November 1998, specializing in servicing past-due debts throughout the Commonwealth of Virginia. Jormandy's leadership, including Diane Manning, Esq., transitioned into roles at SCS while maintaining Virginia operations. Jormandy is RMAI Certified Receivables and the acquisition added a strategic component to SCS's future initiatives. Both firms share a professional relationship spanning over a decade.

Scale indicators12 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• PRA Group: Global debt purchaser with a large U.S. business buying performing and nonperforming receivables from banks, credit card issuers, and healthcare providers — directly comparable to SCS and Jormandy.
• Encore Capital Group: Publicly traded top-tier U.S. debt buyer purchasing charged-off consumer receivables. Most direct comparable to Security Credit Services in business model, scale, and regulatory exposure.
• Aspen Dental: DSO-backed branded dental practice network offering management services to dentist-owners. Comparable to Life Dental Group's growth-through-acquisition DSO strategy.
• Heartland Dental: Large dental support organization providing non-clinical practice management to partnered dentists. Closest U.S. DSO comparable to Life Dental Group's business model.
• Portfolio Recovery Associates: U.S. debt buyer and servicer (now part of PRA Group) purchasing defaulted consumer receivables. Direct competitor to Security Credit Services across credit card, healthcare, and specialty finance asset classes.
• Pacific Dental Services: DSO supporting affiliated dental practices with business operations, marketing, and continuing education. Directly comparable service model to Life Dental Group.

Broad incumbents

• Regional Management Corp. Public sub-prime consumer installment lender with a branch-based model. Comparable end customer (credit-impaired borrowers) and small-loan servicing operations to Action Auto.
• Credit Acceptance Corporation: Public sub-prime auto finance provider operating a dealer-based program. Provides a comparable indirect parallel to Action Auto's buy-here-pay-here consumer segment.
• OneMain Holdings: Largest U.S. installment lender to non-prime consumers. Comparable customer base and unsecured consumer credit orientation to several EquiPro subsidiaries.

Others

• RevSpring: Provider of healthcare-focused receivables management and patient engagement technology. Adjacent to EquiPro's healthcare-receivables purchasing via Security Credit Services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EquiPro Holdings