Fisher Law Group Acquired By Plutos Sama
7 Mile Advisors Acted As The Exclusive Sell-Side Advisor To The Fisher Law Group In Their Sale to Plutos Sama
7 Mile Advisors advised The Fisher Law Group, PLLC and FLG Title, LLC (collectively, “FLG” or “Company”) on their sale to Plutos Sama, LLC (“Plutos”). FLG provides legal and administrative solutions to banks, loan servicers and mortgage loan investors, with a focus on portfolios in the Maryland and Washington, D.C. geography. FLG offers comprehensive end-to-end default solutions and REO transaction support.
The acquisition will add a Mid-Atlantic presence to Plutos Sama’s national portfolio, as well as bolster their default capabilities.
Plutos’ CEO, Matthew C. Browndorf said: “I believe there are shared core values of competence, integrity and commitment to excellence in our organizations and I am excited to have the opportunity to broaden our presence in this important national industry”
FLG Founder Jeffrey Fisher will serve as the Executive Vice President of Business Development of the combined entities. He noted: “Immediately upon meeting Matt, I was impressed with vision and drive. I am happy to allow him to grow our firm to the next level following my years of stewardship. We have identified core competencies that are complementary which will make the whole greater than the sum of the parts.”
Terms of the transaction were not announced. 7 Mile Advisors congratulates both parties on a successful transaction.
About The Fisher Law Group, PLLC:
The Fisher Law Group, PLLC is an “AV” rated law firm providing representation to servicers, banks, financial institutions and private investors in connection with the resolution of their delinquent secured commercial and residential real estate mortgage portfolios in Maryland and The District of Columbia. The firm handles foreclosure, bankruptcy, eviction, seller representation for REO outsales, and loss mitigation, as well as litigation. Both Fannie Mae and Freddie Mac have entered into Limited Retention Agreements with the firm for Maryland and the District of Columbia.
The Fisher Law Group’s mission is to ensure that free, clear and marketable titles are conveyed from sellers to buyers. The firm has an REO Department that offers settlement/closing services to make your residential, commercial real estate purchase or refinance transaction trouble-free.
The attorneys of the Fisher Law Group pride themselves on their focus, their dedication to keeping abreast of the astonishing pace of legislative, regulatory and judicial change in this industry, their commitment to share their knowledge with their clients and their easy accessibility to their clients. The attorneys have decades of combined experience. Among them are leaders in the course and development of foreclosure law in the state, lecturers and teachers of foreclosure and real estate related topics to the industry, and litigators of the current issues of the day relating to foreclosure. For more information, visit www.first-legal.com
About Plutos Sama, LLC:
Formed in 2012, Plutos Sama is based in the U.S. with its flagship office in Irvine, California and its corporate office in New York, New York, with locations in over 16 other states and a global presence in the United Kingdom, China and the Middle East. With over 460 employees and current annual revenues of $48mm USD along with Assets Under Management (“AUM”) totaling $430mm USD (includes leverage), the Company has had organic growth of over 25% for the past three years and merger and acquisition growth of over 400% in the same time period. Our oldest portfolio company originated in 1978 and our partners began practicing law as early as 1954. The Company maintains an aggressive growth strategy expecting to add 25-50 employees each year, with incremental revenues of $10mm USD each annum. Plutos Sama derives its success from its entrepreneurial leadership, vertically integrated portfolio companies, shared resources among those portfolio companies and economies of scale. For more information, visit plutossama.com
About 7 Mile Advisors:
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provide market assessments and benchmarking. As a close knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC.
For more information, including research on the M&A markets, visit www.7mileadvisors.com