Bridgepoint Investment Banking Arranges Management Acquisition and Growth Financing for Utah’s Siegfried & Jensen
August 3, 2021 – Salt Lake City, UT – Bridgepoint Investment Banking (“Bridgepoint”) acted as the sole financing arranger to Siegfried & Jensen on their debt capital raise, which will support the acquisition and growth of the firm by Luke Peterson and Todd Bradford, who have been lawyers at Siegfried & Jensen for many years.
The founders and purchasers of Siegfried & Jensen, the largest personal injury law firm in Salt Lake City, turned to Bridgepoint in search of a creative financing solution to monetize their life’s work and transition ownership of the law firm to Luke Peterson and Todd Bradford for the next generation of growth.
Siegfried & Jensen chose Bridgepoint to execute this transaction because of the firm’s unique expertise in leveraged finance, its deep experience in creating solutions for firms in the business services sector and its passion for serving company owners in the Utah and U.S. Mountain West market.
Bridgepoint founder and CEO Matt Plooster commented, “We are proud to work with a well-known Utah-based firm like Siegfried & Jensen. Our team ran a creative and accelerated process that provided Siegfried & Jensen with a unique financing arrangement to support management’s acquisition and the firm’s next stages of growth. It is our pleasure to help this growing law firm take another major step forward.”
“We are extremely pleased with the process and outcome of our work with Bridgepoint. Bridgepoint found a creative and aggressive financing package and was a trusted partner throughout the entire process. This transition will allow us to take this great firm to the next level while honoring our legacy,” added Ned Siegfried, founder of Siegfried & Jensen.
“We would like to thank Ned Siegfried and Mitch Jensen for building a phenomenal law firm. We are excited for the opportunity to lead and grow Siegfried & Jensen going forward. Bridgepoint Investment Banking was instrumental in the process of purchasing Siegfried & Jensen. We could not be happier with the service and expertise they provided us,” commented Luke Peterson and Todd Bradford.
About Bridgepoint Investment Banking
Bridgepoint Investment Banking, a division of Bridgepoint Holdings NE, LLC, is a market-leading boutique impact investment bank. The Bridgepoint team, through their broker dealer relationship with M&A Securities Group, Inc., an unaffiliated entity, serves clients over their corporate lifecycles by providing capital raising and M&A advisory solutions. Bridgepoint serves clients globally across a range of focus sectors including business and professional services. Learn more about Bridgepoint at www.bridgepointib.com.
About Siegfried & Jensen
Founded in 1990, Siegfried & Jensen is the largest personal injury law firm in Salt Lake City, serving over 35,000 clients from four offices throughout Utah. Learn more about Siegfried & Jensen at www.siegfriedandjensen.com.