Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the mid-market, has sold CINgroup, a provider of innovative software and due diligence solutions to attorneys and their clients. Terms of the transaction have not been disclosed.
CINgroup is the world’s leading bankruptcy workflow solutions provider to the consumer bankruptcy market. The Company manages a suite of technology-based solutions with widely recognised name brands, including Best Case Bankruptcy, CINcompass, and CIN Legal Data Services. These products and services function seamlessly with bankruptcy courts, trustees, creditors, and other service providers within the consumer bankruptcy ecosystem. Best Case and CINcompass are used to facilitate case preparation, electronic filing, and bankruptcy workflow; CIN Legal Data Services provides credit reports, tax transcripts, and other attorney due diligence products as well as solutions to facilitate review and acceptance by their clients.
“Sentinel has worked closely with CINgroup’s experienced and talented management team to successfully build a business with a strong foundation and significant future growth opportunity,” says Eric Bommer, a Sentinel Partner. “During our ownership, despite a steady decline in US personal bankruptcy filings, we went on the offensive by making several strategic acquisitions to cement CINgroup’s position as a leader in both software and data products. Through these initiatives, CINgroup successfully diversified and balanced its product portfolio and created a powerful operating platform.”
“CINgroup has a long history of providing market-leading solutions for bankruptcy attorneys and their clients,” says Dave Danielson, CEO of CINgroup. “Our products and services are essential elements to our customers’ daily workflow processes and ongoing success.”