Press Contact: Mark Russell – 301.404.5757- [email protected]

August 4, 2021: Philadelphia, PA Corporate Advisory Solutions (CAS) is pleased to announce  Professional (formerly Professional Credit & Ensource), one of the nation’s top providers of first- and third-party accounts receivable management services, has received a strategic investment from Tonka Bay Equity Partners LLC (“Tonka Bay”). CAS served as strategic advisor to Professional.

Mark Russell, Co-Founder and Managing Partner of CAS commented, “The Professional Credit transaction demonstrates the ideal scenario for private equity, representing an attractive platform investment with seasoned management, cutting edge technology and superior liquidation results. I am delighted that Tonka Bay consummated this investment, and look forward to helping them and the management team pursue additional strategic growth opportunities.”

“We are excited to join forces with Tonka Bay to fuel our efforts of expanding Professional’s reach in the industry and provide greater value to our existing clients through ongoing investment in our consumer-centric services,” said CEO and Board member Joe Hawes. “It has been a great pleasure working with CAS on the sale of Professional Credit and Ensource to Tonka Bay Equity Partners this past year.”

This transaction strengthens CAS’s position as a leading provider of Investment Banking services within the Tech-Enabled Outsourced Business Services (OBS) sector within their focuses of accounts receivable and revenue cycle sectors.

CAS recently published its quarterly newsletter which highlights global deal activity and macroeconomic trends within OBS. A link to the newsletter can be found below:

CAS Q2 2021 Newsletter

About CAS

Corporate Advisory Solutions, LLC (CAS) has more than 40 years of combined experience providing independent investment and merchant banking services to the Global Tech-Enabled Outsourced Business Services (OBS) sector.  Our deal team has completed over 125 transactions and generated $2B+ in deal value.  We provide mergers and acquisitions (M&A) advisory (sell-side and buy-side representation), market research, fair market valuations/fairness opinions, capital raising, and business plan development/implementation services. For more information about CAS, please visit us at or follow our LinkedIn page.

Securities conducted through StillPoint Capital Member FINRA/SiPC, Tampa, FL.

About Professional

Professional makes the lives of providers and consumers easier by incorporating innovative tools, behavioral science and analytics to improve financial engagement and resolve financial obligations. With more than 85 years of experience, Professional is an industry leader in accounts receivable management, offering services under two service lines, Professional Credit services and Ensource early-out self-pay services, that yield higher than expected results while treating consumers with the utmost respect. More information at

About Tonka Bay

Tonka Bay Equity Partners invests in companies that are pursuing the next level of success. Their strategy-based focus and belief that proactively seeking partnerships with business owners is a vital component of investing, assists them in developing successful targeted industry-specific investment initiatives. Their patient, personalized and collaborative approach has yielded superior returns for investors and management partners alike.

Learn more about the CAS team here.

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