Stretto, Inc.
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Stretto, Inc. - overview
Established
1987
Location
Irvine, CA, US
Primary Industry
Software
About
Based in California, US, and founded in 1987, Bankruptcy Management Solutions, Inc. , doing business as Stretto operates as a software company that provides consumer-bankruptcy and corporate-restructuring solutions to bankruptcy trustees, corporate restructuring and real estate professionals, and litigation attorneys. In April 2017, Stone Point Capital acquired Stretto from Charlesbank Capital Partners and Ocwen Financial Corp. BMS is the provider of case management software and banking services to bankruptcy trustees, restructuring professionals, and other fiduciaries.
The firm's solutions address administrative and legislative requirements, as well as panel trustees, liquidation, and post-confirmation. The firm specializes in bankruptcies, restructurings, liquidations, and claim distributions, allowing professional advisors to concentrate on more substantive aspects of business operations.
Current Investors
Stone Point Capital, Gainline Capital Partners, Hilltop Private Capital
Primary Industry
Software
Sub Industries
Legal Software, Content Management Software, Accounting/Finance Software
Website
www.stretto.com
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Stretto, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Acumen Recovery Services, LLC | - | ||||||||
| Add-on | Completed | the525group, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | The CINgroup | - | ||||||||
| Secondary Buyout | Completed | Stretto, Inc. | - | ||||||||
| Secondary Buyout | Completed | Stretto, Inc. | - |
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