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<p style=' margin-bottom:0pt; margin-top:5pt;text-align:center;'><B><font style='font-size:16 PT'>UNITED STATES</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font style='font-size:16 PT'>SECURITIES AND EXCHANGE COMMISSION</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font style='font-size:12 PT'>WASHINGTON, DC 20549</font></B></p>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><B><font style='font-size:16 PT'>FORM 8-K</font></B></p>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><B><font style='font-size:10 PT'>CURRENT REPORT</font></B></p>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><B><font style='font-size:10 PT'>PURSUANT TO SECTION 13 OR 15(D) OF THE</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font style='font-size:10 PT'>SECURITIES EXCHANGE ACT OF 1934</font></B></p>

<p style=' margin-bottom:0pt; margin-top:8pt;text-align:center;'><font style='font-size:10 pt'><b>Date of report (Date of earliest event reported): October 20, 2006</b></font></p>

<p style=' margin-bottom:0pt; margin-top:8pt;text-align:center;'><b><font style='font-size:18pt'>NCO Group, Inc.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font style='font-size:10 pt'>(Exact Name of Registrant as Specified in Its Charter)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font style='font-size:10 pt'>&nbsp;</font></p>

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                    <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><font style='font-size:10 pt'><b>Pennsylvania</b></font><br>
<font style='font-size:10 pt'>(State or other jurisdiction of</font><br>
<font style='font-size:10 pt'>incorporation)</font><br></td>
        <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><font style='font-size:10 pt'><b>0-21639</b></font><br>
            <font style='font-size:10 pt'>(Commission File Number)</font><br>
<br></td>
        <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><font style='font-size:10 pt'><b>23-2858652</b></font><br>
            <font style='font-size:10 pt'>(IRS Employer Identification No.)</font><br>
<br></td>
        <td width="50" style= "padding:6pt 0in 0in 0in">&nbsp;</td></tr></table>

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                    <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><font style='font-size:10 pt'>&nbsp;</font><br></td>
        <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><br></td>

        <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><br></td>
                    <td width="50" style= "padding:6pt 0in 0in 0in">&nbsp;</td></tr></table>

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                    <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><font style='font-size:10 pt'><b>507 Prudential Road, Horsham, Pennsylvania</b></font><br>
<font style='font-size:10 pt'>(Address of principal executive offices)</font><br></td>
        <td align=center width="280"  style= "padding:6pt 0in 0in 0in">&nbsp;</td>
                    <td align=center valign=top width="280" style= "padding:6pt 0in 0in 0in"><font style='font-size:10 pt'><b>19044</b></font><br>
<font style='font-size:10 pt'>(Zip Code)</font></td>
        <td width="50" style= "padding:6pt 0in 0in 0in">&nbsp;</td></tr></table>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><font style='font-size:10 pt'><b>Registrant&#146;s
  telephone number, including area code</b></font><font style='font-size:10 pt'><b>
  (215) 441-3000</b></font></p>

<p style=' margin-bottom:0pt; margin-top:8pt;text-align:center;'><font style='font-size:10 pt'><b>Not Applicable</b></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font style='font-size:10 pt'>(Former name or former address, if changed since last report)</font></p>

<p style=' margin-bottom:0pt; text-indent:5%; margin-top:8pt;text-align:left;'><font style='font-size:10 pt'>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (</font><i><font style='font-size:10 pt'>see </font></i><font style='font-size:10 pt'>General Instruction A.2. below):</font></p>


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      <td valign=top style='padding:6.0pt 0in 0in 0in;'><font style='font-size:10 pt'>Written
        communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td>
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        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font style='font-size:10 pt'>Soliciting
          material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font style='font-size:10 pt'>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p> </td> </tr></table>
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<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font style='font-size:10 pt'>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p> </td> </tr></table>
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<p align="center"><Font size="2" face="serif">1</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:10%; text-indent:-10%;text-align:left;'><b><font style='font-size:10 pt'>Item 8.01 Other Events</font></b></p>

<p style=' margin-bottom:0pt; margin-top:8pt;text-align:left;'><font style='font-size:10 pt'>On October 20, 2006, NCO Group, Inc. (&#147;NCO&#148;) issued a press release announcing that it has established a record date and special meeting date for its shareholders to consider and vote on a proposal to adopt the previously announced merger agreement providing for the acquisition of NCO by an entity controlled by One Equity Partners and its affiliates with participation by Michael J. Barrist, Chairman, President and Chief Executive Officer of NCO and certain other members of executive management who will be given an opportunity to participate. NCO shareholders of record at the close of business on Friday, October 13, 2006, will be entitled to notice of the special meeting and to vote on the proposal. The special meeting will be held on Thursday, November 9, 2006 at 10:00 a.m., local time, at Philadelphia Marriott West, 111 Crawford Avenue, West Conshohocken,
Pennsylvania. The press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.</font></p>

<p style=' margin-bottom:0pt; margin-top:12pt; margin-left:10%; text-indent:-10%;text-align:left;'><b><font style='font-size:10 pt'>Item 9.01  Financial Statements and Exhibits</font></b></p>

<p style=' margin-bottom:0pt; margin-top:8pt;text-align:left;'><font style='font-size:10 pt'>(d) Exhibits</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font style='font-size:11 pt'>&nbsp;</font></p>


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        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><b><font style='font-size:8 pt'>No.</font></b></p>
      </td>
      <td width="2%" valign=bottom >&nbsp;</td>
      <td valign=bottom >
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><b><font style='font-size:8 pt'>Description</font></b></p>
      </td>
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        <hr noshade align="center" width="100%" size="1">
      </td>
      <td valign=top >&nbsp;</td>
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      <td valign=top >
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font style='font-size:10 pt'>99.1</font></p>
      </td>
      <td valign=top >&nbsp;</td>
      <td valign=bottom >
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font style='font-size:10 pt'>Press
          Release dated October
          20, 2006.</font></p>
      </td>
    </tr>
    <tr style='height:.05in;'>
      <td valign=top style=' height:.05in;'>
        <p style=' margin-left:0pt;text-indent:0pt;text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p>
      </td>
      <td valign=top style=' height:.05in;'>&nbsp;</td>
      <td valign=bottom style=' height:.05in;'>
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p>
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<p align="center"><Font size="2" face="serif">2</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font style='font-size:10 PT'>SIGNATURES</font></B></p>

<p style=' margin-bottom:0pt; margin-top:8pt; text-indent:5%;text-align:left;'><font style='font-size:10 pt'>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font style='font-size:10 pt'>&nbsp;</font></p>


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<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td width="7%" valign=bottom >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td colspan="2" valign=bottom >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><B><font style='font-size:11 PT'>NCO GROUP, INC.</font></B></p> </td> </tr>

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<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><br> <font style='font-size:10 pt'>Date: October 20, 2006</font></p> </td>

        <td width="7%" valign=bottom >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td width="7%" valign=bottom >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font style='font-size:10 pt'>By:&nbsp;</font></p> </td>

        <td width="36%" valign=bottom >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><br> <font style='font-size:10 pt'>/s/ John R. Schwab</font></p> </td> </tr>

    <tr style='page-break-inside:avoid;'>

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<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-bottom:0pt;'>
<hr noshade width="100%" color="Gray" size="1"> </td> </tr>

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<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

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<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font style='font-size:10 pt'>Name:&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font style='font-size:10 pt'>John R. Schwab</font></p> </td> </tr>

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        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font style='font-size:10 pt'>Title:&nbsp;</font></p> </td>

        <td valign=top >

<p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0in;margin-bottom:0pt;'><font style='font-size:10 pt'>Executive Vice President, Finance and Chief Financial Officer</font></p> </td> </tr></table>
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<p align="center"><Font size="2" face="serif">3</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font style='font-size:10 PT'>EXHIBIT INDEX</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font style='font-size:10 pt'>&nbsp;</font></p>


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        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><b><font style='font-size:8 pt'>No.</font></b></p>
      </td>
      <td valign=bottom width="2%" >&nbsp;</td>
      <td valign=bottom >
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><b><font style='font-size:8 pt'>Description</font></b></p>
      </td>
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        <hr noshade align="center" width="100%" size="1">
      </td>
      <td valign=bottom >&nbsp;</td>
      <td valign=bottom >
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      <td valign=top >
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font style='font-size:10 pt'>99.1</font></p>
      </td>
      <td valign=bottom >&nbsp;</td>
      <td valign=bottom >
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font style='font-size:10 pt'>Press
          Release dated October
          20, 2006.</font></p>
      </td>
    </tr>
    <tr style='height:.05in;'>
      <td valign=top style=' height:.05in;'>
        <p style=' margin-left:0pt;text-indent:0pt;text-align:center;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p>
      </td>
      <td valign=bottom style=' height:.05in;'>&nbsp;</td>
      <td valign=bottom style=' height:.05in;'>
        <p style=' margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p>
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{"company-data": {"conformed-name": "NCO GROUP INC", "cik": "0001022608", "assigned-sic": "7320", "irs-number": "232858652", "state-of-incorporation": "PA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-21639", "film-number": "061154470"}, "business-address": {"street1": "507 PRUDENTIAL ROAD", "city": "HORSHAM", "state": "PA", "zip": "19044", "phone": "215-441-3000"}, "mail-address": {"street1": "507 PRUDENTIAL ROAD", "city": "HORSHAM", "state": "PA", "zip": "19044"}}
Prepared and filed by St Ives Financials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): October 20, 2006
NCO Group, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Pennsylvania
(State or other jurisdiction of
incorporation)
0-21639
(Commission File Number)
23-2858652
(IRS Employer Identification No.)
507 Prudential Road, Horsham, Pennsylvania
(Address of principal executive offices)
19044
(Zip Code)
Registrant's
  telephone number, including area code
(215) 441-3000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
Written
        communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting
          material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
1
Item 8.01 Other Events
On October 20, 2006, NCO Group, Inc. ("NCO") issued a press release announcing that it has established a record date and special meeting date for its shareholders to consider and vote on a proposal to adopt the previously announced merger agreement providing for the acquisition of NCO by an entity controlled by One Equity Partners and its affiliates with participation by Michael J. Barrist, Chairman, President and Chief Executive Officer of NCO and certain other members of executive management who will be given an opportunity to participate. NCO shareholders of record at the close of business on Friday, October 13, 2006, will be entitled to notice of the special meeting and to vote on the proposal. The special meeting will be held on Thursday, November 9, 2006 at 10:00 a.m., local time, at Philadelphia Marriott West, 111 Crawford Avenue, West Conshohocken,
Pennsylvania. The press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01  Financial Statements and Exhibits
(d) Exhibits
No.
Description
99.1
Press
          Release dated October
          20, 2006.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NCO GROUP, INC.
Date: October 20, 2006
By:
/s/ John R. Schwab
Name:
John R. Schwab
Title:
Executive Vice President, Finance and Chief Financial Officer
3
EXHIBIT INDEX
No.
Description
99.1
Press
          Release dated October
          20, 2006.
4