IMF Bentham merger with Omni Bridgeway Learn more
Gretchen Koehler, Chief Marketing Officer US | +1 212 488 5331 | [email protected]
Marella Gibson, Chief Marketing Officer Australia and Asia | +61 2 8223 3517 | [email protected]
The two companies entered the transaction with strong long-term capital bases and impressive track records
NEW YORK (OCTOBER 15, 2019) - Leading litigation and disputes funder IMF Bentham Limited (IMF Bentham) (ASX:IMF), the parent company of Bentham IMF, announces that it is acquiring Omni Bridgeway Holdings BV (Omni Bridgeway) to create a truly global diversified funder with over A$2.2 billion in capital to fund disputes and enforcement proceedings of significant size and complexity throughout the world.
On completion of the deal IMF Bentham will acquire all of Omni Bridgeway’s investment and business activities. The minimum transaction value amounts to approximately EUR 55 million, which may further increase contingent on future business development.
“While the transaction involves IMF Bentham buying Omni Bridgeway’s business, it is a merger of equals,” said Andrew Saker, Managing Director and Chief Executive Officer of IMF Bentham.
The combination forms a formidable ally for clients, with 18 offices in 10 countries across the US, Canada, Asia, Europe, Australia and the Middle East and 145 professionals experienced in legal and recovery systems world-wide and fluent in more than 20 languages. Together IMF Bentham and Omni Bridgeway have a 33-year track record of funded and recovered claims throughout the world to create a reliable partner for individuals, companies and professional advisers seeking strategic finance solutions.