New York-based National Arbitration and Mediation, a provider of alternative dispute resolution services, has secured a “significant” amount of funding. The investor was Sageview Capital.
GARDEN CITY, N.Y., Jan. 20, 2017 /PRNewswire/ — NAM (National Arbitration and Mediation), a leading provider of alternative dispute resolution (“ADR”) services, announced today that it has raised a significant growth equity investment from private investment firm Sageview Capital. Sageview’s investment enables NAM to accelerate its growth initiatives across the United States, solidifying the company’s current leadership position in the expanding ADR industry.
Alternative dispute resolution is a timely, convenient and cost-effective alternative to litigation, allowing parties to resolve their disputes without a trial.
More than 75% of NAM-administered cases result in the resolution of all outstanding issues.
Founded in 1992 and headquartered in New York, NAM works with more than 8,000 commercial entities, including more than 50% of Fortune 100 companies and maintains an unparalleled nationwide panel of nearly 2,000 top-tier former judges and practicing specialists. The company’s arbitrators and mediators are highly regarded as knowledgeable and fair, with deep subject-matter expertise.
Roy Israel, President and CEO of NAM stated, “We see increasingly high demand for NAM’s dispute resolution services and the business is growing at a record pace, particularly with respect to complex commercial, construction and employment matters. Sageview is an ideal investment partner at this stage of our evolution, and we look forward to expanding our team and building out a broad sales and marketing platform to help accelerate the growth of our business and extend our market leadership position.”
“NAM is exceptionally well positioned as a market leader within the rapidly expanding ADR field,” said Scott Stuart, partner at Sageview Capital.
“Sageview is focused on providing growth capital to leading companies with demonstrated track records of success and compelling market opportunities. We look forward to partnering with NAM and supporting its tremendous management team as they expand the company’s core capabilities and accelerate growth.”
In 2016, NAM was once again named the #1 ADR firm in the United States by The National Law Journal’s Annual Reader Rankings Survey. NAM has also been ranked as the #1 ADR firm in New York State by The New York Law Journal for the last six consecutive years.
Founded in 1992, NAM (National Arbitration and Mediation) offers premium, timely, convenient and cost-effective dispute resolution services in lieu of litigation. The company actively works with more than 8,000 commercial entities, including more than 50% of the Fortune 100 companies to resolve thousands of significant cases each year. NAM has consistently been recognized for its superb customer service and exceptional panel of arbitrators and mediators. In 2016, NAM was named Best ADR firm in the United States by the National Law Journal’s Annual Reader Rankings Survey. For more information, visit www.namadr.com.
ABOUT SAGEVIEW CAPITAL
Sageview Capital LP is a private investment firm providing growth capital to small and mid-sized companies in the technology, business services, and financial services sectors. The firm’s investments include 360insights, Alfresco, Avalara, Crimson Hexagon, Demandbase, MetricStream, Reflexis, United Capital and Womply, among others. Sageview was founded in 2006 and is led by Ned Gilhuly and Scott Stuart, former partners of Kohlberg Kravis Roberts & Co. (KKR) and Dean Nelson, former head of KKR Capstone. The firm has offices in Greenwich, Connecticut and Palo Alto, California. For more information, visit www.sageviewcapital.com.