Vertican Technologies Acquires Interest in Greentree Legal Offering Its Clients Process and Serving and Litigation Support Services

FAIRFIELD, N.J. -- Vertican Technologies, a global leader in the legal collection software industry, is proud to announce it has invested in Greentree Legal (GTL) in another milestone of Vertican’s plan to provide the collection industry with the tools it needs to become more efficient, compliant, and profitable. GTL’s core focus offers clients seamless management of process service, courier and skip trace services nationwide, and is led by founder and CEO Paula Ashcraft.

“We have had a big ambition to grow the business, and by teaming with Vertican, I’ve been able to concentrate on our growth plans to bring the best-in-class service to its clients and beyond,” stated Ms. Ashcraft when asked about the transaction. 

“I couldn’t be more excited to partner with Paula’s team at GTL,” said Isaac Goldman, Vertican CEO. “We’re not just investing in technology, but the people and expertise that come with it. The Vertican family of products produces the most powerful and innovative technology in our industry. The GTL file and serve integration opens even more doors to saving our clients time and money. Additionally, by the end of Q2 2023, Vertican’s new pricing model will give our clients the opportunity to earn credits by using this and other integration products to reduce their Vertican subscription costs. I’m thrilled about what this means to our clients’ bottom line.”

Vertican has seen tremendous success over the last two years – increasing its total clients to over 300 companies nationwide and closing a $10m Series A round.  

About Vertican Technologies

For more than 40 years, Vertican Technologies has been the receivables industry leader providing best-in-class technology, making operations more efficient, compliant, and profitable. As the pioneer in developing data standards, Vertican continues to advocate for universal data standards which will increase productivity and reduce errors in the legal collection industry. Vertican’s team of subject matter experts and innovators build comprehensive software packages that automate and streamline the collections cycle. Solutions include: vExchange®, Q-LawE, Collection-Master, vMedia, Greentree Legal, and legacy YGC Data Standard licensing. Visit www.vertican.com to learn more.