Lippes Mathias Serves as Sell-Side Counsel in Acquisition of VARO and BYL by Professional Credit Service
July 22, 2025 |
Press Releases
Lippes Mathias LLP represented Virtual Accounts Receivable Outsourcing, LLC (VARO) and BYL Services, LLC (BYL) in their acquisition by Professional Credit Service, a portfolio company of a private investment firm focused on strategic transactions.
VARO and BYL provide first-party and third-party consumer debt collection services with an emphasis in the healthcare sector. The transaction underscores the strength of Lippes Mathias’ mergers and acquisitions practice, particularly within the firm’s asset receivable management team, led by partner Christian M. Lovelace.
The Lippes Mathias team advising on the deal included Lovelace, senior associate Donell L. Gibson Jr., and associate Elyse J. Ponterio.
About Lippes Mathias LLP
Lippes Mathias is a full-service law firm with nearly 220 attorneys serving clients regionally, nationally, and internationally. With offices in Buffalo, Clarence, Albany, Long Island, New York, Rochester, Syracuse, and Saratoga Springs, N.Y.; Greater Toronto Area; Chicago, Ill.; Jacksonville, Tampa Bay, and West Palm Beach, Fla.; Cleveland, Ohio; San Antonio, Texas; Oklahoma City, Okla. and Washington, D.C., the firm represents publicly and privately-owned companies, private equity and venture capital firms, independent sponsors, real estate developers, financial institutions, municipalities, governmental entities, and individuals.
Year after year, Lippes Mathias is proud to be recognized by The Best Lawyers in America®, U.S. News - Best Lawyers®, Super Lawyers, and Chambers USA. For more information, visit www.lippes.com.
Related Team
Related Content

Press Releases
95 Lippes Mathias Attorneys Recognized in the 2026 Edition of The Best Lawyers in America®
August 21, 2025

Press Releases
Donell L. Gibson Speaks on University at Buffalo School of Law Black Law Students Association Panel
February 19, 2025

Press Releases
Lippes Mathias Advises Dexter Paine in Purchase of Maine Mariners ECHL Team
September 30, 2024

Press Releases
64 Lippes Mathias Attorneys Recognized in the 2024 Editions of Upstate New York and Florida Super Lawyers
August 22, 2024
PRACTICE TEAMS
MERGERS AND ACQUISITIONS ASSET RECEIVABLE MANAGEMENT