Best Recovery Services

What Best Recovery Services does

Best Recovery Services L.L.C. (BRS) is a privately held, founder-owned repossession and asset recovery company headquartered in Saginaw, Michigan, founded in 1997 by Russell A. Eggers III. The company positions itself as the largest repossession operator in Michigan, operating 30 flatbed wreckers and sneaker trucks plus big rigs on a 24/7 basis across seven facilities (Saginaw, Detroit, Lansing, Jackson, Flint, Muskegon, Grayling) covering the state's lower peninsula. Its service mix spans involuntary and voluntary repossessions (priced at $450 and $225 per unit, with GPS-involuntary at $400), skip tracing ($175-$250), storage ($10-$20/day), transportation, key cutting, title work, vehicle reconditioning, and liquidation, with the latter channeled through its Best Sales LLC subsidiary that auctions 100+ units per month from a 2+ acre lot.

BRS's operating model is B2B and transaction-fee based: financial institutions, credit unions, and auto dealerships place orders via phone, fax, email, web forms, or the Recovery Database Network portal, and the company bills per event with no disclosed subscription or recurring component. The principal technology inputs are DRN and MVTRAC LPR camera systems, which run across the entire fleet and feed collateral location data with plate images, GPS coordinates, and timestamps; these are licensed affiliations rather than proprietary builds. The company is certified under Michigan collection, broker's and dealer licenses, carries a $6M insurance policy, and is bonded.

Revenue is driven primarily by per-repossession fees, per-day storage, and 6% sale fees on units liquidated through Best Sales LLC, with ancillary income from skip tracing, clean-up ($125), title work ($50), and close fees ($75). The customer base is financial-institution-heavy with an additional segment of buy-here-pay-here dealerships and out-of-state lenders seeking single-rate Michigan collateral recovery. No external funding, acquisitions, or institutional investors are disclosed; the business is sole-owner-operated and has scaled organically over 29 years into regional market leadership.

Name

Best Recovery Services

Legal name

Best Recovery Services L.L.C.

Website

https://bestrecoveryservices.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Best Recovery Services is a Saginaw, Michigan-based vehicle repossession and asset recovery company serving banks, credit unions, and dealerships across Michigan's lower peninsula with repossession, storage, skip tracing, reconditioning, and vehicle liquidation via its Best Sales LLC subsidiary.

Ownership category

akta.pro rank

Product category

Vehicle Repossession Services

NAICS

Repossession Services (561491), Motor Vehicle Towing (48841)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Towing, Recovery & Vehicle Removal Services (TLAJAJAC)

akta.pro secondary industries

Salvage, Total Loss & Insurance Auction Services (TLABAKAH), Accident Recovery, Winch-Out & Towing Services (Light/Heavy) (TLAKAFAH)

Keywords

• Vehicle repossession services
• Asset recovery services
• Skip tracing
• Vehicle storage
• Collateral liquidation

Headquarters

HQ city

Saginaw

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Revenue model

1. Repossession Services: Core revenue from involuntary and voluntary repossession services. Involuntary repossession at $450, GPS involuntary at $400, voluntary at $225. Additional fees for semis and heavy equipment, key cutting, skip tracing, title work, and clean-up.
2. Vehicle Storage: Storage fees for repossessed vehicles. Banking institutions pay $10/day with 10 days free storage. Debtors pay $20/day. Transportation to auction included free when unit is sold.
3. Auction and Sales: 6% sale fee on vehicles sold through their sales division. Over 100 units sold per month across over 2 acres of sales space. Also offers vehicle reconditioning and liquidation services.
4. Skip Tracing Services: Location services for tracing debtors at $175-$250 per request.
5. Transportation Services: Delivery to auction and transportation services for repossessed vehicles. Call for quote pricing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Best Recovery Services provides vehicle repossession, skip tracing, key cutting, auction transport, and liquidation services for financial institutions, banks, credit unions, and auto dealerships. The company operates a fleet of 30 flatbed wreckers and sneaker trucks across seven facilities in Michigan's lower peninsula, leveraging DRN and MVTRAC license plate recognition technology for collateral location.

Product overview

Best Recovery Services operates as a comprehensive repossession and asset recovery company offering a unified suite of services centered on vehicle repossession. The core offering is Repossession Services (involuntary, voluntary, and GPS-based), supported by transportation logistics, skip tracing, vehicle reconditioning, and liquidation through the Best Sales LLC sub-brand. The company leverages DRN and MVTRAC license plate recognition technology integrated into their fleet of 30+ vehicles. Seven Michigan facilities provide storage capacity for 400+ vehicles, enabling end-to-end collateral recovery, reconditioning, and direct sales without third-party auction fees.

Differentiator

Problem solved

Functional benefit

Products and services

• Repossession Services Core repossession services for vehicles including involuntary repossession ($450.00), voluntary repossession ($225.00), and GPS-based involuntary repossession ($400.00). Includes retrieval of cars, trucks, boats, trailers, RVs, motorcycles, ATVs, snowmobiles, semis, and commercial/construction/farm machinery. Operates 24 hours a day throughout Michigan's lower peninsula.
• Skip Tracing

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• DRN (Digital Recognition Network)coreTechnology or IntegrationLicensed affiliate of DRN, the leading provider of vehicle location data collected through a national network of affiliates operating mobile license plate recognition equipment in every major metropolitan market in the United States. BRS fleet is equipped with DRN camera systems running thousands of plates daily.
• MVTRACcoreTechnology or IntegrationLicensed affiliate of MVTRAC, providing additional vehicle location data and tracking capabilities for the repossession operations.
• Recovery Database NetworkcoreTechnology or IntegrationRecovery Database Network is an extremely secure online system that allows clients to log orders directly. BRS utilizes this platform for order management, enabling clients to place and track repossession orders through a secure portal.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Skip Force: Skip tracing and people-locating technology platform serving recovery agents, PIs, and attorneys. Comparable to BRS's $175–$250 skip tracing service line and represents the technology-enabled approach to debtor location.

Broad incumbents

• Copart: Global online vehicle auction platform and a leading destination for repossessed, salvage, and used vehicles. Comparable to BRS via its Best Sales LLC auction subsidiary — same seller-side economics and buyer flow — but operating at vastly larger national scale.
• Manheim: Wholesale vehicle auction operator and Cox Automotive subsidiary running the largest US dealer auction network. Comparable to BRS in auction-related revenue mechanics and dealer/captive lender customer overlap, though far broader in scope.
• Tracers (TracerNet): Data and skip tracing provider serving repossession, collections, legal, and PI markets. Comparable to BRS through the data layer that supports recovery operations; broader in customer base and data sources.
• IAA (Insurance Auto Auctions / RBA Group): Major salvage and total-loss vehicle auction operator with national yard footprint. Overlaps with BRS at the liquidation/auction step of the repossession value chain; a relevant comparable for Best Sales LLC's direct-sale economics.

Direct peers

• PAR Asset Recovery: National vehicle repossession and collateral recovery firm offering skip tracing, transport, and auction services to banks, credit unions, and finance companies. Closely comparable to BRS in service mix, customer base, and asset class focus, though at significantly larger national scale.

Others

• Recovery Industry Services Company (RISC): Industry association and standards body for the US repossession industry, providing compliance, certification, and training to repossession agencies. Ecosystem-level comparable — relevant to BRS as both a member-adjacent participant and a benchmark for licensed compliance posture.
• Digital Recognition Network (DRN): Provider of license plate recognition vehicle location data through a national affiliate network. BRS is a licensed DRN affiliate and uses DRN cameras fleet-wide, making DRN both a critical supplier and a capability benchmark versus BRS's licensed positioning.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Best Recovery Services