RECENT RELEASES
Garretson Resolution Group-
Business
Garretson Resolution Group (“GRG”) was a leading provider of outsourced medical lien resolution and complex settlement administration services to lawyers representing both plaintiffs and defendants in legal settlements. GRG operates two business segments: Medical Lien Resolution (MLR) and Complex Settlement Administration (CSA).
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Harvest Partners Investment
In December 2012, Harvest purchased GRG with the existing management team. To fund the acquisition Harvest arranged the debt financing, which included a senior credit facility and a mezzanine note. In addition, Harvest underwrote and syndicated significant equity co-investment capital. Harvest sold its investment in Garretson Resolution Group to Epiq in December 2018.
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Investment Thesis
- Market leader in a niche industry
- Compelling value proposition
- Federal healthcare regulations and outsourcing trend driving market growth
- Strong management team
