Envela subsidiary to acquire avail recovery solutions

Dallas, tx / accesswire / august 17, 2021 / envela corporation (nyse american:ela) ("envela" or the "company") announced today that its wholly owned subsidiary echg, llc has entered into a definitive agreement to acquire avail recovery solutions, llc in an all-cash transaction. the transaction is subject to customary closing conditions and is anticipated to close early in the fourth quarter of 2021.
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