Location: Boca Raton, FL
Investment Year: 2014
Client First is a purchaser of court ordered specialty finance receivables, providing lump sum payments to individuals to satisfy their need for liquidity in exchange for the rights to the long-term periodic payments provided by structured settlements and lottery winnings. The Company leverages its database to identify individually held payment streams and focuses on providing subsequent deals with repeat sellers.
Century Investment Thesis
The structured settlement industry is large and fragmented with significant greenfield opportunity.
Century Value Add
- Senior management hires
- Capital structure optimization
- Introductions to new carriers / issuers of structured settlements