Bryant Park Capital (“BPC”), a leading middle market investment bank, announced that Park Cities Advisors, LLC (“Park Cities” or the “Company”) recently closed on the sale of a merchant cash advance receivable portfolio.
BPC served as the exclusive financial advisor to Park Cities in connection with this transaction.
“Bryant Park Capital was a valuable partner to Park Cities in connection with the sale of its merchant cash advance portfolio,” said Andy Thomas, Managing Partner of Park Cities Advisors. “The team at BPC provided strong industry relationships and thoughtful advice to Park Cities throughout the process, which helped us to achieve a successful outcome. We appreciate BPC’s efforts in this process.”
About Park Cities Advisors, LLC
Park Cities Asset Management (PCAM) is an alternative credit manager focused on deploying capital across asset classes in the Specialty Finance and FinTech sectors. PCAM and its predecessor firm have been investing for over a decade and is led by Alex Dunev and Andy Thomas. PCAM provides investment advice through its SEC Registered Investment Advisor, Park Cities Advisors, LLC.
For more information about Park Cities, please visit www.parkcitiesmgmt.com.
Bryant Park Capital Advises Park Cities on Sale of Merchant Cash Advance Portfolio
Mergers & Acquisition, Specialty Finance & Financial Services“Bryant Park Capital was a valuable partner to Park Cities in connection with the sale of its merchant cash advance portfolio. The team at BPC provided strong industry relationships and thoughtful advice to Park Cities throughout the process, which helped us to achieve a successful outcome. We appreciate BPC’s efforts in this process.”
