“Innovative” litigation investment company receives £5m backing to support growth strategy
Litigation investment company, Henderson & Jones (H&J), has received an initial £5m working capital facility from Secure Trust Bank Commercial Finance to support its growth ambitions.
H&J, which is headquartered in London with office premises in the Midlands, specialises in the purchase of claims from insolvent companies, delivering returns through effective and strategic litigation while bearing the associated cost and risk.
The firm has a track record of litigating claims up to £50m and is looking to grow its business model. This additional capital facility will enable H&J to further expand its scope, with a focus on enhancing access to justice and challenging misfeasance in the insolvency sector.
Introduced by Breal Capital, an original investor in H&J, Secure Trust Bank Commercial Finance worked closely with co-founders of the business, Gwilym Jones and Philip Henderson, to understand their “innovative business” and to create a flexible facility that can support H&J’s continued growth.
Gwilym Jones, managing director at Henderson & Jones, said: “Litigation investment is an innovative and profitable sector, and this facility recognises the real opportunities for growth through first-class litigation of appropriate claims.
“From the outset we felt very comfortable with Secure Trust Bank and, looking forwards, this partnership will enable us to grow our portfolio of work and continue to deliver outstanding returns.”
Matt Broomfield, regional sales director at Secure Trust Bank Commercial Finance, added: “We are delighted to work with businesses that are supported by Breal Capital, and Henderson & Jones is no exception.
“The company has a really strong management team which we’ve enjoyed working closely with, and with this facility in place we expect to see further success from the team in the coming months.”
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