Knox Capital has made an investment in a360inc, a legal and financial services technology and outsourcing company. No financial terms were disclosed. Marks Baughan Securities served as financial adviser to a360inc on the deal. Knox was supported on the deal by an affiliate of Morgan Stanley Private Credit and Orix Mezzanine & Private Equity.
[CARROLLTON, TX – September 18, 2019] a360inc, a leading legal and financial services technology and outsourcing company, announced a strategic investment from Chicago, IL-based Knox Capital, affiliate of Morgan Stanley Private Credit and ORIX Mezzanine & Private Equity. With this new capital investment, a360inc is poised to accelerate the strategic expansion and improvement of its technology and services in the creditors’ rights market through direct investment and acquisition.
Knox Capital Partner Mike Bryant stated, “We’re excited to partner with Scott and the team he’s built to help lead a360inc into the future. The market is well-positioned to continue to adapt and evolve with technology and outsourced services, and we see a360inc as the company to lead that change.”
Alex Gregor, Founder of Knox Capital, noted, “a360inc follows our approach perfectly, matching Knox’s experienced executive talent with a management and leadership team that holds a clear strategic vision.”
“Today’s default market is primed for modernization and evolution, and this investment allows us to focus on the future,” said Scott Brinkley, CEO of a360inc. Brinkley added, “a360inc sees massive opportunity in creating a market-leading technology and services platform built around all vendor constituents in our ecosystem: from law firms and their vendors, to the ultimate end-client: mortgage servicers and investors.”
The Knox Capital investment allows a360inc to immediately pursue additional acquisitions that fill gaps in the company’s offerings while facilitating further advances and cross-platform integration of its current technology and outsourced services.
a360inc also recently announced the inclusion of three mortgage servicing and investor-focused technology solutions from CoreLogic to its platform: VendorScape, iClear, and CMAX. Prior to that, a360inc acquired KMCIS, Inc. in 2017, which brought the leading case management software for creditors rights’ law firms, CaseAware, into the a360inc family. Between 2014 and 2016, the company acquired the technology and managed services platform assure360, the C2C Title Solutions business, and the Firm Solutions practice management and consulting group.
Additional terms of the deal were not disclosed. Marks Baughan Securities acted as the exclusive financial advisor to a360inc.
a360inc is a leading technology and outsourcing services provider to the financial services, real estate, and legal industries. Based in Carrollton, TX, a360inc provides case management system technology and practice management services to law firms, title agencies and underwriters, and mortgage companies and investors. Learn more about a360inc and its suite of products and services online at www.a360inc.com.
About Knox Capital Holdings, LLC
Foundational Capital for Middle Market Businesses.
Founded in 2013, Knox Capital was created to provide capital and hands-on operating resources for founder and entrepreneur-owned middle market businesses. We operate under flexible investment horizons through private investors that are focused on the long-term. By utilizing our extensive executive and operating advisor network, Knox makes tailored investments across industries in partnership with owners and management. Knox Capital is headquartered in Chicago, Illinois. Learn more at www.knox-cap.co