A consumer litigation finance company (the “Company”) recently completed the sale of its operating company to Golden Pear Funding, LLC. The Company is an established pre-settlement funder with over $75 million in advances funded in the form of non-recourse advance to individuals with pending lawsuits, predominately in personal injury cases. Legal advances are a way for plaintiffs with strong personal injury cases to pay for living expenses, enabling them to negotiate a suitable and fair legal settlement.
Bryant Park Capital (“BPC”) initiated the transaction as the exclusive financial advisor. BPC prepared the marketing materials and financial models, assisted with due diligence, and participated in the negotiations of the purchase agreement.