NEW YORK--(BUSINESS WIRE)--the525group, the NY-based restructuring-focused recruitment firm, today announced that it has been acquired by Stretto, a market-leading case administration and deposit management partner in the bankruptcy space.
Sarah Frankel, Chief Executive Officer of the525group, will serve as Executive Director at Stretto and will provide strategic advisory to the overall business and coaching to the business development team.
“Joining forces with the Stretto team is an exciting next step for the525group, one that captures our knowledge of the market players and team dynamics and pairs it with the extraordinary talent and growth currently underway at Stretto,” said Frankel. “Stretto has proven itself to be a force within the restructuring space, and after much time working together to build a world-class team focused on innovation, it simply made sense to join together and focus on the many opportunities to drive efficiency and value for the bankruptcy community that still remain. I cannot think of a better home for the525group than with these industry veterans.”
Frankel continued, “Over the past four years, the525group has had the privilege of helping place lawyers, bankers, financial advisors and other restructuring professionals at top-tier firms around the world. I look forward to continuing to bring value to those relationships alongside my new colleagues as we grow and guide Stretto into the future.”
About the525group, LLC
Headquartered in the heart of
Manhattan, the525group serves the recruitment needs of firms and
professionals in the bankruptcy and restructuring industry. The company
designs and implements tailored talent-sourcing strategies and supports
the recruitment needs for junior- to senior-executive level positions
across the bankruptcy and restructuring community.
About Stretto
For more than 30 years, Stretto (formerly
Bankruptcy Management Solutions/BMS) has served as a trusted
administrative partner, providing consumer-bankruptcy and
corporate-restructuring solutions to fiduciaries. We leverage
deep-industry expertise to manage case administration and ensure
fiduciaries are prepared for anything that comes their way. “Stretto” is
a musical term indicating when one voice picks up where another leaves
off, and, as our name implies, Stretto seamlessly integrates streamlined
workflows and best-in-class technology to orchestrate the administrative
process and create harmony for professionals and their teams. For more
information about Stretto, visit www.stretto.com