Chesswood sells Case Funding to U.S. private equity firm for $4.4 mln
Financial services company Chesswood Group Ltd (TSX: CHW) has sold its Case Funding subsidiary for US$4.4 million. The buyer was an unnamed U.S. private equity firm. Based in New York, Case Funding is a provider of legal financing solutions, including litigation financing, lawsuit funding and pre-settlement loans. Update: Chesswood, which has its headquarters in Toronto, said the sale will allow both capital and management attention to be focused on the expansion of Chesswood's other businesses in Canada and the United States.
5 February 2015•2 mins read
