Announcements

AMG Launches new website
 

Acquisition Management Group LLC is pleased to announce the re-launch of its new and up-dated website: “acqmgt.com”.  “We’ve been working for several weeks to bring our website into the 21st century,” said Richard Collinsworth AMG’s Managing Director.  “We wanted something that effectively communicated pertinent facts and information about our company in a contemporary and user-friendly manner.   We believe the new site accomplishes these objectives and will be an increased aid in keeping our Clients, Partners, and Friends informed about our company and its progress,” he concluded.

“This new web presence synchronizes with our desire to push further into Problem Asset Management for Community Banks,” said Cliff Bateman the company’s Chairman. He continued, “We believe that community banks still struggling with an overburden of problem assets are going to be at an increasing disadvantage in 2015 as the economy improves and their competition is better-positioned to take advantage of expanding business opportunities.  Our proven success in helping banks eliminate and reduce their problem assets will be even more valuable than it has been, and we’re perfectly poised to help our Clients accelerate their ability to take advantage of new business opportunities,” he said.


AMG looking forward to 2015
 

“2014 was a re-building year for AMG,” said Richard Collinsworth, Managing Director of AMG.  “We achieved several important milestones.  For instance, in 2014 we purchased over $30,000,000 in problem assets to begin to re-build our asset inventory.  We succeeded in helping one Client bank reduce their NPA levels by over 50%; without unduly impacting either their Earnings or their Capital.  We added some important new Bank Problem Asset Management business.  And finally, we’ve recently expanded our staff and are ready to grow and handle even more in 2015,” he continued.