Houlihan Lokey Advises Bankruptcy Management Solutions

Transaction: Houlihan Lokey Advises Bankruptcy Management Solutions

Houlihan Lokey is pleased to announce that Bankruptcy Management Solutions, Inc., (BMS) has been acquired by the Trident VI Funds managed by Stone Point Capital LLC. The transaction closed on March 31, 2017.

Founded in 1987, BMS is a leading provider of case management software and banking services to bankruptcy trustees, restructuring professionals, and other fiduciaries throughout the United States. BMS's solutions support the administrative and legislative requirements of Chapter 7 panel trustees, liquidating and post-confirmation Chapter 11 trustees, and a variety of other fiduciaries involved in bankruptcies, restructurings, liquidations, and claims distributions—all while providing superior support services through a national network of account managers, U.S.-based software and banking support centers, and comprehensive training resources. BMS is headquartered in Irvine, California.

Stone Point Capital is a financial services focused private equity firm based in Greenwich, Connecticut. The firm has raised and managed six private equity funds—the Trident Funds—with aggregate committed capital of approximately $13 billion. Stone Point Capital targets investments in the global financial services industry, including investments in companies that provide outsourced services to financial institutions, banks and depository institutions, asset management firms, insurance and reinsurance companies, insurance distribution and other insurance-related businesses, specialty lending and other credit opportunities, mortgage services companies, and employee benefits and healthcare companies.

Houlihan Lokey served as the exclusive financial advisor and assisted in initiating, structuring, and negotiating the transaction on behalf of BMS.

RELATED: Business Services