On January 26, 2018, TRAKAmerica (the “Company”), a portfolio company of H.I.G. Capital, LLC (“H.I.G.”) and a technology- and data-enabled provider of process management solutions for outsourced client recoveries, was acquired by a group of investors affiliated with Stevens Financial Group, the family office created to oversee the financial activities of the Stevens family. Sagent Advisors acted as financial advisor to TRAKAmerica.
TRAKAmerica (http://www.trakamerica.com/) is a leading technology- and data-enabled provider of process management solutions for outsourced client recoveries. It provides robust workflow management tools, sophisticated data and analytics, comprehensive compliance and a network of legal recovery specialists. The Company was founded in 2000 and is headquartered in Naples, Florida.
H.I.G. Capital, LLC
H.I.G. (https://www.higcapital.com/) is a leading global private equity and alternative assets investment firm which specializes in providing both debt and equity capital to small and medium-sized companies. The firm has $24+ billion of equity capital under management and is headquartered in Miami, Florida.
Stevens Financial Group
Stevens Financial Group is the family office established to coordinate and provide oversight of the financial activities for the Stevens family, including significant real estate holdings and various passive and active investments in startups and early stage companies.