The Carlyle Group invested in Prime Clerk, a four year old company that helps bankrupt corporations with needed legal services. PE Hub reported:
The company’s services include: pre-bankruptcy filing preparation, noticing solutions, claims administration, balloting and tabulation, secure disbursements, strategic communications and call center support, case specific websites and virtual data rooms.Over one third of Prime Clerk's customers went bankrupt under private equity ownership.
"By leveraging Carlyle’s global network and providing the Company with growth capital, we will help take Prime Clerk to the next level of success. We are proud to partner with this management team."
What does Carlyle see that leads them to believe their will be growth in the bankruptcy services sector? How much of that might come from Carlyle's global network?
