Financial Services Archives

$50 million participating financing facility

InSource Financial Services, LLC is a specialty servicer engaged in the acquisition, servicing and resolution of residential real estate assets.
InSource is using the capital to purchase over $100 million in residential REO portfolios from financial institutions.
The facility allowed InSource to purchase large pools of residential REO portfolios from banks and other financial institutions.
The facility enabled InSource to greatly increase the amount of REO Properties it would be able to acquire.

January 1, 2017

InSource Financial Services

$50 million participating financing facility InSource Financial Services, LLC is a specialty servicer engaged in the acquisition, servicing and resolution of residential real estate assets. InSource is using the capital to purchase over $100 million in residential REO portfolios from financial institutions. The facility allowed InSource to purchase large pools of residential REO portfolios from banks and other financial institutions. […]

January 1, 2017

Plymouth Financial

Sale to Bear Sterns Plymouth Financial (“Plymouth”) is the leading purchaser and servicer of tax liens in the U.S. Senior members of Scura Partners were the founders of Plymouth. Scura Partners was involved in putting in place Plymouth’s entire capital structure including equity, sub-debt, senior debt and securitizations. Scura Partners proposed the transaction to the Board of Plymouth and to […]

January 1, 2017

J.G. Wentworth

Sale to JLL Partners J.G. Wentworth (“JGW”) is the leading specialty finance company focused on purchasing structured settlements. Scura Partners has worked with JGW since 2001 and our principals have advised the company since 1997. Scura Partners proposed the transaction to JGW management and conducted a thorough process to identify the best partner for JGW’s stated goals. Scura Partners contacted […]

January 1, 2017

Unicorn Financial

Sale to JP Morgan Unicorn Financial Services (“Unicorn”) engages in providing financing packages for elective dental and medical procedures. Scura Partners has advised Unicorn since 2003 on several transactions to secure additional capital supporting the Company’s rapid growth. Scura Partners initiated the sale process, identified and contacted potential buyers and successfully managed an auction to maximize the valuation received for […]

August 31, 2016

Encore Capital Group

$187 million acquisition of Propel Financial Services Encore Capital Group (NASDAQ:ECPG), headquartered in San Diego CA, is a leader in consumer debt buying and recovery. Propel Financial Services is a lender specializing in property tax financing for commercial and residential property owners, primarily in Texas. As financial advisor, Scura Partners provided valuation, structuring, and negotiating advice to Encore in the […]

October 12, 2015

Plymouth Financial

$111.2 Million Tax Lien Securization SP structured a unique tax lien securitization to allow Plymouth to purchase all the delinquent tax liens from Los Angeles County’s School Districts By combining asset securitization and municipal finance expertise, SP secured AAA ratings from both S&P and Moody’s enabling the structured financing to achieve an extremely low funding cost. Among the unique and […]

October 4, 2015

Dornoch Holdings

$15 million real estate fund Scura Partners founded Dornoch as a vehicle exploit opportunities in distressed real estate in New Jersey, New York and Pennsylvania. Scura Partners anchored the first fund with a commitment of over $1.5 million. We then raised a further $13.5 million in equity interests in two funds. This equity enabled the funds to acquire in excess […]

October 4, 2014

Unicorn Financial

$15 million securitized financing Unicorn Financial Services provides financing for individuals having elective dental and medical procedures. Unicorn needed additional capital to support the Company’s rapid growth and to repay its maturing subordinated debt. Scura Partners created a unique hybrid structure, arranging for one lender to provide a ‘B’ tranche facility for Unicorn’s ABCP facility and a separate secured note […]

August 31, 2014

Plymouth Financial

$350 million participating warehouse facility Plymouth was the largest purchaser and servicer of tax liens in the United States. Plymouth retained Scura Partners to develop a financing structure to support its growth. Scura Partners identified, structured and negotiated the facility on very attractive terms, providing 100% financing for Plymouth Financial The facility was the first of its kind in the tax […]

October 12, 2012

Xspand

$3 Million Venture Financing Xspand Inc. was an early stage financial services company, servicing local governments’ property tax receivables. Scura Partners was retained by the company to raise expansion capital. Scura Partners designed the notes and successfully placed them with two well-respected institutional investors. As a result of the transaction, Xspand became the largest third party servicer of this asset […]