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New Deal


Announced

Completed

Fortress Investment Group completed its acquisition of Vannin Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Diversified Financials

Private Equity

Private

Friendly

Majority

Single Bidder

legal finance

Acquisition

Completed

Synopsis

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New York-based Fortress Investment Group completed its acquisition of Vannin Capital, the global expert in legal finance, from existing shareholders including majority owner Bramden Investments, a private equity vehicle funded exclusively by DLA Group. Financial terms were not disclosed. “We are pleased to announce the sale of our interests in Vannin Capital to Fortress Investment Group. Over the last few months, as we evaluated how best to accelerate future growth, we have received several offers for the business. Fortress represented the strongest choice in all respects, not least due to its established position in the market and its long-standing relationship with Vannin.” Dan Craddock, Bramden Investments Founder and Managing Director.

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