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Stretto Buys Bankruptcy Tech Firm

Irvine-based Stretto, which supplies services for both corporate and consumer bankruptcies, acquired CINgroup to enlarge its technology services.

The acquisition enables Stretto “to create the only end-to-end bankruptcy-technology platform in the market,” Jonathan Carson, co-CEO of Stretto, said in a statement.

Dayton, Ohio-based CINgroup, which includes brands Best Case Bankruptcy, CINcompass and CIN Legal Data Services, services more than 15,000 law firms and their clients.

Equity financing for the transaction was provided by Carson, co-CEO Eric Kurtzman, other members of Stretto’s management team and investment funds managed by Stone Point Capital LLC, a financial services-focused private equity firm with which Carson and Kurtzman partnered in 2017.

Stretto, previously known as Bankruptcy Management Solutions, provides services to corporations restructuring in Chapter 11 and to trustees managing consumers who file Chapter 7 bankruptcies.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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