- BRG was founded in 1999 by Thomas Lawrence
- TSCP invests in founder-led mid-market businesses
- TSCP has more than $3.6 billion since being founded in 2000
Thompson Street Capital Partners has made an investment in Benefit Recovery Group, a Memphis, Tennessee based provider of subrogation services. No financial terms were disclosed.
Edgemont Partners LP acted as financial advisor to Benefit Recovery Group.
Founded in 1999 by Thomas Lawrence, BRG provides subrogation and compensation recovery services to the self-insured employer market.
On the transaction, J.C. Wetzel, director of TSCP, said in a statement, “Through its tech-enabled platform and no member disruption, BRG represents a truly differentiated business in the subrogation space. TSCP is looking forward to partnering with the BRG management team to accelerate the Company’s already exceptional growth.
Based in St. Louis, Thompson Street Capital Partners invests in founder-led middle market businesses. TSCP has managed more than $3.6 billion since being founded in 2000.