Rocade Capital announced Wednesday it acquired litigation funder Law Finance Group LLC, creating a combined platform of more than $2.3 billion in deployed capital.
Arlington, Virginia-based Rocade, which specializes in credit-style funding for mass tort and contingent fee law firms, said the acquisition gives it a more diverse portfolio that now includes appellate, commercial, and single cases. It didn’t disclose the acquisition price.
“This is a great opportunity for us to grow and that’s why we’re bringing on the whole team and the whole portfolio,” Rocade CEO Brian Roth said in an interview. Law Finance Group “is ...