Deminor Recovery Services, a privately-owned global litigation funder, recently closed on an approximately $100 million committed senior credit facility and asset-backed financing with two U.S.-based asset managers focused on the legal assets industry. Bryant Park Capital (BPC), a U.S.-based middle market investment bank, served as the exclusive financial advisor to Deminor in connection with this transaction.
“Bryant Park Capital’s extensive knowledge of the financing markets, combined with their strong relationships and creative structuring capability have been invaluable and helped us complete this complex set of transactions that we believe will be transformative for our clients, employees and shareholders, reflecting how our business model and international footprint has expanded since our first external capital raise in 2021,” Erik Bomans, CEO of Deminor, said. “Significantly, these investments, made on Deminor’s own balance sheet, will continue to enable Deminor to deliver fast decision-making and flexible funding terms, with final investment decisions resting with our investment committee. Bryant Park Capital has been an excellent partner for us and we greatly appreciate BPC’s guidance and support throughout the process.”
“Deminor has generated significant returns extending through multiple market cycles as a leading player in the litigation funding sector, and this capital raise will provide an opportunity to significantly expand the operating leverage of the Deminor platform internationally,” Joel Magerman, managing partner of Bryant Park Capital, said.
