Experity Ventures LLC (EV), the parent company of several specialist, technology-driven, litigation finance-focused finance business units, has acquired 100% of New York-based Anchor Fundings. Financial terms of the transaction were not disclosed.
Founder and Chairman of Experity Ventures, Joseph Greco, said: “We are delighted to complete the acquisition of Anchor Fundings. We have monitored Anchor closely and continue to be impressed with their growth, discipline and approach to space and are excited to help them continue their trajectory of success as part of our industry leading platform.
Anchor Fundings Founder and CEO Charlit Bonilla commented, “We are very pleased to partner with the Experity Ventures team and platform to continue our growth and exceptional performance. The Experity platform allows us to offer additional services and solutions to our valued customers and partners, while being able to leverage their innovative technology and efficient capital structure. Anchor Fundings has built a strong brand in the market and we will continue to build momentum and recognition for the Anchor brand under the Experity platform ”.
Experity CEO Ryan Silverman added, “Charlit and his team have built an impressive company and Anchor’s association within Experity is very complementary and strategic. We believe Anchor is an important ingredient in our plan for continued growth, performance and leadership in legal finance and finance ”.
About anchor finance
Anchor Fundings is a New York-based consumer litigation finance company founded in 2013 by Charlit Bonilla. Anchor provides immediate and value-added liquidity solutions for plaintiffs, lawyers and healthcare providers. Anchor sets himself apart with his worker’s compensation experience which enables him to participate in some of the largest and most complex litigation. Since its inception, Anchor has become a major source of capital for plaintiffs, lawyers and medical providers nationwide.
About Experience Ventures
Experity Ventures, founded in 2019, is the parent company of Nexify Capital and Nexify Solutions, MedSolve Financial Group, ProMed Capital and Thrivest Legal Funding, LLC / dba Thrivest Link. Nexify Capital has entered into several strategic financings and operational partnerships with legal finance companies in the United States. Nexify Solutions develops and markets the best business and workflow software for the legal finance market, which is designed to automate pre-settlement finance from admission to decision analysis, service and payment. , while offering comprehensive accounting and reporting capabilities. MedSolve and ProMed Capital are the leading providers of medical receivables financing solutions for healthcare facilities. Thrivest is a direct-to-market pre-settlement legal finance company that has successfully provided thousands of non-recourse advances to litigants, primarily in personal injury cases. Experity has offices in Philadelphia, New York, Nevada and Florida.
For more information on Experity, please visit www.experityventures.com
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