Mergers & Acquisitions
Dec. 16, 2016
Burford Capital acquires main rival Gerchen Keller
The $160 million deal will combine two of the biggest players in the lawsuit funding business, whose combined investment portfolios total more than $1.2 billion.
Daily Journal Staff Writer
Litigation finance firm Burford Capital Limited acquired its main rival, Gerchen Keller Capital LLC, in a $160 million deal that will combine two of the biggest players in the lawsuit funding business.
The driving force behind the deal was a desire to scale up operations of the firm, Burford CEO Chris Bogart said Wednesday. The combined investment portfolios of the new comp...
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