Stretto’s current solutions are tailored toward bankruptcy trustees, corporate clients filing bankruptcy, and receiverships. Financing for the deal was provided by Stretto co-CEOs Jonathan Carson, Eric Kurtzman, and other members of Stretto’s management team, as well as private equity firm Stone Point Capital, according to a press release.
“Stretto sits inside that circle that connects all of the players together,” placing it in the center of bankruptcy courts, trustees, creditors and lawyers, Carson said.
