Mike Boyle: From a Kid in a Hardware Store to a Leading Debt Buyer

Please join Michael Flock of FLOCK Specialty Finance as he interviews Mike Boyle. Mike is the Founder of C&E Acquisitions (C&E), a debt buyer based in Bel Air, Maryland focused on asset purchases in the healthcare space. Following the sale of C&E Acquisitions to Diverse Funding, he became Executive Vice President of Diverse, a leading middle market debt buyer. Mike discusses lessons learned from his previous work experience, including a stint at a hardware store that surprisingly carried through to his career in debt purchasing.

Mike started the company while he was an account executive at EMC Corporation where he was selling data center and infrastructure services to hospitals and law firms. He gained an appreciation for technology while working at Systems Alliance where he sold technology solutions to the university marketplace. Mike first learned financial analysis skills at Partners First Holdings where he managed the financial aspect of its outsourcing relationship with FDR. He also had gained valuable exposure to advertising principles when he started his career at MBNA managing major advertising campaigns including the launch of the Platinum Card.

Mike was the first in his family to graduate from college earning BA degrees in Business Administration and Marketing before adding an MBA in Finance from Loyola University Maryland. He is the proud father of three children.

Here is a glimpse of what Mike shared in the interview.

“…thinking on your feet and doing that stuff was challenging…[like] trying to hand hold someone and talking her through their challenges and trying to coach the un-coachable at times.”

“…it was recognizing an opportunity (I would say we’re probably a little contrarian) when everyone else was running for the exit.”

“…a key strategy of our collections is treating consumers, regardless of their situation, like real people with real problems and how do we help them get out of their problems…”