Announced
Completed
Financials
Tags
Friendly
Acquisition
Private
Single Bidder
Debt Settlement
Completed
Minority
Diversified Financials
Domestic
Private Equity
United States
Synopsis
Blue Sage Capital, an Austin, Texas-based private equity firm, and Four Point Capital Advisors, an independent broker-dealer that provides strategic financial solutions, completed the investment in NexGen Financial, a flexible capital solution for debt settlement companies. Financial terms were not disclosed. “Partnering with Blue Sage and Four Point will enable us to meet the demands of our debt settlement partners that are rapidly growing in the current macroeconomic environment. By leveraging Blue Sage and Four Point’s resources and strategic support, NexGen will be positioned to grow with our existing partners, begin supporting new partners, and expand our service offerings and analytical insight capabilities.” James Shanahan, NexGen’s Founder and President.
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