Hill International sells construction claims group to Bridgepoint

Hill International said May 5 that it has sold its construction claims group to Bridgepoint Development Capital. Proceeds from the deal were used to mainly pay off Hill’s $151.1 million in senior debt. Bridgepoint Development Capital is part of Bridgepoint, the UK private equity firm. KeyBanc Capital Markets Inc and Duane Morris LLP advised Hill. Christian Atwood of Choate Hall & Stewart LLP advised Bridgepoint.

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