Troutman Pepper Counsels Best Practices Medical Partners in Investment by Kilter Finance

PHILADELPHIA, Pennsylvania, Feb. 11 -- Troutman Pepper, a law firm, issued the following news on Feb. 10, 2022:

Troutman Pepper advised client, Best Practices Medical Partners (BPMP), a medical liability insurance firm, in securing $40 million in funding from London-based finance group Kilter Finance.

This investment will help BPMP to increase the statutory surplus of its subsidiary, Applied Medico-Legal Solutions Risk Retention Group (AMS RRG), a physician risk retention group that provides medical liability insurance. The partnership also will accelerate the growth of BPMP's medical professional liability insurance business and enable execution upon other strategic initiatives.

The Troutman Pepper team advising BPMP was led by Deborah Enea and included Mike Crumbock, Kathryn Nordick, Tom Phelan, Eddie Hale, Theodore Edwards, and Kimberly Petrolo, among others.

Consistently recognized as a top-tier national practice, Troutman Pepper's corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include capital markets transactions and other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance. The firm has particular expertise in the private equity and private fund services space, advising leading private equity firms on a broad range of matters, including fund formation, growth equity investments and buyouts, and exit transactions. The team also represents lenders and borrowers in all types of private equity finance transactions.

Read Kilter Finance's press release about the investment (https://kilterfinance.com/press-releases/f/investment-of-40-million-in-best-practices-medical-partners-llc).