Repo Inc

Name

Repo Inc

Legal name

Location Services, LLC

Website

https://repoinc.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Collateral Recovery Services

NAICS

Repossession Services (561491), Motor Vehicle Towing (488410)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro industry

PRIMARYBPAAAEAE

Debt Recovery & Asset Recovery (Repossession Coordination, Collateral Recovery)

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Collections, Recovery & Skip Tracing Services

SECONDARYFSAKAJAE

Skip Tracing & Contact Data Services

Financial & Insurance/Lending & Consumer Finance/Debt Collection, Recovery & Servicing

Keywords

• Collateral recovery services
• Vehicle repossession services
• License plate recognition
• Vehicle remarketing auctions
• Skip tracing services

Headquarters

HQ city

Maple Grove, MN

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Collateral Recovery Services: Comprehensive recovery solutions including asset location, repossession, impound, transport, and remarketing services for financial institutions and auto finance companies. Revenue is generated through service fees for recovery operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Location Services provides end-to-end collateral recovery solutions to financial institutions, banks, credit unions, and auto finance companies across all 50 states. Its offering combines a nationwide network of licensed and insured agents with proprietary License Plate Recognition (LPR) technology, skip tracing, and a nine-service suite spanning recovery, impounds, remarketing, transport, titles, locksmith, and legal notice management.

Product overview

Location Services is a comprehensive collateral recovery platform providing end-to-end asset recovery solutions. The company offers a unified suite of nine integrated services: LS Recovery (collateral recovery using nationwide agent networks and LPR technology), LS Skip (skip location using investigators and data modeling), LS LPR (License Plate Recognition technology), LS Impounds (impound services), LS Remarketing/Pinnacle Remarketing (vehicle auction and resale), LS Keys (locksmith services), LS Transport (transportation logistics), LS Title Services (title processing), and LS AutoNotice (legal notice management). The company operates as a platform-plus-modules architecture with services spanning the entire recovery lifecycle from discovery to recovery, transport, remarketing, and legal compliance. Key sub-brands include insightLPR (LPR technology subsidiary) launched in 2019, and Pinnacle Remarketing (rebranded December 2024).

Differentiator

Problem solved

Functional benefit

Brands

• InsightLPR: License Plate Recognition technology and services for enhanced asset recovery
• LS Recovery
• LS Skip
• LS LPR
• LS Impounds
• LS Transport
• LS Titles
• LS AutoNotice

Products and services

• LS Recovery Compliant collateral recovery service utilizing a nationwide agent network trained in recovery techniques and industry-standard compliance programs, enhanced with LPR technology for quick and effective asset recovery. Targeted at financial institutions, banks, credit unions, and auto finance companies needing defaulted loan collateral recovery.
• LS Skip Skip location service using seasoned investigators, internal analytics, and industry-leading data modeling to provide real-time location updates for recovering missing collateral. Targeted at financial institutions and auto finance companies with hard-to-locate defaulted borrowers.
• LS LPR (License Plate Recognition) License Plate Recognition technology service that enhances asset recovery across the country through state-of-the-art LPR technology and real-time data, providing a no-risk, staged hotlist option with increased recovery rates. Targeted at financial institutions and auto finance companies seeking faster vehicle recovery.
• LS Impounds Secure, streamlined impound services including completing and notarizing impound documents, fronting fees, and securing out-of-country recoveries. Targeted at lenders needing compliant impound handling for repossessed collateral.
• LS Remarketing Vehicle remarketing service leveraging longstanding relationships with NAAA sanctioned auction partners to maximize collateral value while minimizing losses, with upstream remarketing to reduce costs. Targeted at financial institutions and auto finance companies seeking to maximize recovery value on repossessed assets.
• LS Keys National locksmith services including transponder, proximity, and special-order keys to ensure collateral is accessible and safely transported. Texas Locksmith License B22996101. Targeted at lenders needing vehicle access for recovery and transport.
• LS Transport Nationwide transportation services using licensed and insured agent and transportation networks to safely transport collateral to any destination, including services for salvage, power-sports, recreational, and oversized collateral. Targeted at financial institutions and auto finance companies needing compliant collateral transport.
• LS Title Services Complete title services including managing repossession titles, purchase and sales disputes, duplicate and corrected titles, lease-to-loan transfers, and affidavits across all 50 states. Targeted at lenders needing compliant multi-state title processing.
• LS AutoNotice Legal notice management service providing streamlined, compliant document management, automated fulfillment and tracking of Adverse Action, Right to Cure, Notice of Intent to Sell, and Notice of Deficiency for all 50 states. Targeted at lenders needing multi-state compliant consumer notifications.

Quantifiable outcome

• Increased recovery rates through LPR technology
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Premier Adjusters, Inc.coreStrategic or Co-development Partner · 13 November 2018Acquired in November 2018 as part of Location Services' expansion strategy into comprehensive collateral recovery services.
• TCAR and RepoRoutecoreStrategic or Co-development Partner · 10 October 2018Pending acquisition announced in November 2018 to expand recovery agent network and routing capabilities.
• Auto ApprovedcoreStrategic or Co-development PartnerAuto Approved was acquired by Location Services in October 2018 along with several regional recovery agencies. The company specializes in auto refinance services.
• InsightLPRcoreTechnology or IntegrationProprietary LPR technology platform launched in January 2019, providing License Plate Recognition services to enhance asset recovery. InsightLPR was expanded through the acquisition of Riverland Technologies in August 2021.
• vrmUSAminorChannel Partner/ Reseller/ DistributorVehicle remarketing partner providing auction and resale services for recovered collateral.
• Allied SolutionsminorGTM or Marketing PartnerStrategic partner providing insurance and risk management solutions for the collateral recovery industry.
• SWBCminorGTM or Marketing PartnerFinancial services partner providing specialized solutions for the recovery industry.
• ARA (Auction Recovery Association)minorStrategic or Co-development PartnerIndustry association partner supporting professional standards in the recovery industry.
• RDNminorStrategic or Co-development PartnerRecovery industry partner providing additional network capabilities and industry expertise.
• CARS CertifiedminorChannel Partner/ Reseller/ DistributorCertified recovery agent network partner ensuring compliance and quality standards.
• RISC Pro (Professional Recovery Agent Network)minorChannel Partner/ Reseller/ DistributorProfessional recovery agent network providing nationwide field coverage for collateral recovery operations.
• RepoHiring.comminorChannel Partner/ Reseller/ DistributorRecruitment partner for finding qualified recovery agents and industry professionals.
• NAAAA Sanctioned Auction PartnerscoreChannel Partner/ Reseller/ DistributorLongstanding relationships with National Auto Auction Association sanctioned auction partners to maximize collateral value during remarketing.

Scale indicators2 records

Recent moves14 records

Expansion highlights5 records

Direct peers

• PAR North America: Former industry leader in collateral recovery and skip tracing, now a direct competitor. Many Location Services executives (CEO, President, CIO, multiple VPs) came from PAR NA, indicating overlapping service offerings, customer base (banks, credit unions, auto finance), and operating model.
• Recovery Industry Services Company (RISC): Professional recovery agent network providing nationwide collateral recovery services. Direct competitor in the recovery agent network layer that Location Services operates through, with overlapping client base of lenders and finance companies.

Broad incumbents

• KAR Global (ADESA, PAR NA, IAA legacy): Parent of PAR North America historically and operator of ADESA auction platforms. Directly comparable in collateral recovery, skip tracing, and auction services for finance company clients; substantially larger and more diversified.
• IAA (Insurance Auto Auctions, now part of Ritchie Bros.): Major vehicle auction and remarketing company with significant overlap in finance-source remarketing. Comparable in the remarketing portion of Location Services' stack, especially after the Pinnacle Remarketing expansion; broader insurance-salvage focus.
• Copart: Public, large-scale vehicle auction and remarketing operator serving insurance, dealer, and finance company sellers. Comparable in remarketing and downstream asset disposition; broader scale and online auction platform but less specialized in the recovery/skip-tracing workflow that Location Services focuses on.
• Manheim (Cox Automotive): Wholesale vehicle auction leader and longstanding NAAA-sanctioned partner for Location Services. Comparable in remarketing/auction services for financial institutions; significantly larger and more diversified across dealer and commercial consignors.

Others

• RepoHiring.com / Recovery Agents Network: Recruitment and vendor-matching platforms for the recovery industry. Comparable as enabling infrastructure for Location Services' agent network rather than a direct competitor.
• Allied Solutions: Insurance, risk management, and collateral protection services provider to financial institutions. Listed as a Location Services partner; comparable client base and adjacent risk/insurance services rather than direct recovery competition.

Emerging players

• DRN (Digital Recognition Network): LPR and vehicle location data platform serving repossession and recovery industry. Direct comparable in the LPR/data layer of Location Services' InsightLPR product; more focused on data and analytics, smaller on services side.
• vrmUSA: Vehicle remarketing partner providing auction and resale services for recovered collateral. Listed as a Location Services channel partner; directly comparable in the upstream remarketing portion of the stack.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCxaiR_zLVprNMWDN7iEOXnA
• Facebookfacebook.com/locationservices1
• LinkedInlinkedin.com/company/repo-inc
• Instagraminstagram.com/locationservicesllc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Repo Inc