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44

Pentagroup Financial LLC

Collections agency
Company Details
Location: Houston, TX
Founders: Ransom Lummis, 45, Frank Russo, 55, Ron Rovall, 48, Bob Tobitt, 50, Jim Thorpe, 55
Year Started: May 2002
Initial Investment: $3.9M

Turned a Profit: 2004
First Million: 2003

2002 Sales: $393.3K
2006 Sales: $15M

Number of Employees:
Day 1: 1
2006: 245
2007: 400*

* Projected by 2008
Company Background
Pentagroup has fast become the collection industry’s preferred provider of outsourcing solutions by helping creditors achieve higher profitability and improved cash flows. Founded by Ransom Lummis, Frank Russo, Ron Rovall, Bob Tobitt and Jim Thorpe in 2002, Pentagroup provides its clients with a full range of results-oriented solutions by its management expertise, next-generation intuitive technology and performance-driven collections team.
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