M&A Deal Summary

Necessity Funding Partners Acquires Zoom-Cash - Legal Funding Payment System

On November 11, 2015, Necessity Funding Partners acquired internet software and services company Zoom-Cash - Legal Funding Payment System from Zoom-Cash

Acquisition Highlights
  • This is Necessity Funding Partners’ 1st transaction in the Internet Software and Services sector.
  • This is Necessity Funding Partners’ 1st transaction in the United States.

M&A Deal Summary

Date 2015-11-11
Target Zoom-Cash - Legal Funding Payment System
Sector Internet Software and Services
Buyer(s) Necessity Funding Partners
Sellers(s) Zoom-Cash
Deal Type Divestiture

Target

Zoom-Cash - Legal Funding Payment System

United States
Zoom-Cash - Legal Funding Payment System is a provider of online payment services.

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Buyer(S) 1

Buyer

Necessity Funding Partners

Melville, New York, United States

Category Company
Sector Financial Services
DESCRIPTION

Necessity Funding Partners LLC is a financial services company that provides timely pre and post-settlement legal funding services to personal injury clients.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Zoom-Cash

Seattle, Washington, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Zoom-Cash, Inc. is a cloud based electronic cash payment service provider that enables companies to send their clients cash payments instantly.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1