Paramount Recovery Service Expands

Southern California-based automotive repossession company Paramount Recovery Service, Inc. recently announced the expansion of its locations and services, as well as the hiring of two industry experts. The physical expansion includes the acquisition of PRS' largest location to date, an 88,000-sq.-ft. indoor and outdoor facility based in downtown Los Angeles' Huntington Park district. The company now services 15 counties with brick and mortar repossession storage facilities, including a location in San Diego, a one-acre facility in Perris, and others in Ontario, East Los Angeles, Burbank, Oxnard, Lancaster, Bakersfield and Fresno. PRS also maintains an office and auto storage facility in Phoenix, Arizona. A portion of this growth follows PRS' acquisition of three other automotive repossession companies over the past two quarters. Additional acquisitions are underway with plans to expand to Palm Springs, Santa Maria, and throughout California by the end of 2019. PRS also added two new employees to its management team. Industry veteran Kevin Morgan joins as vice president with an extensive background in auto and repossession services, credit union experience and auto remarketing. He will assist owner Steve Simons in company oversight and daily operations. Daisy Duarte joins as director of operations, Pre-recovery Unit and brings years of industry knowledge and expertise from Westlake Financial Services. She joins the Operations team led by Roger Gilden, chief operating officer. Source: Paramount Recovery Service.