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iQor emerges from bankruptcy

November 20, 2020 - iQor, a customer support and business solutions company headquartered in St. Petersburg, has emerged from Chapter 11 bankruptcy. Since filing a voluntary Chapter 11 petition in September,  the company strengthened its capital structure, improved its financial stability and recapitalized its funded debt, it said in a news release. In the months ahead, the iQor said it would remain focused on customer performance, organic and strategic new growth, and continuing its disciplined financial planning analysis for key business decisions under new ownership. iQor is among the larger companies based in St. Pete. It has 35,000 employees in nine countries, and had $940 million in revenue for the 12 months ended March 31, according to Moody’s Investors Service. 

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