Announcement

Periculum Capital Company, LLC is pleased to announce the asset sale of Royce Financial, Inc. (“Royce”) to World Acceptance Corporation of Illinois, a subsidiary of World Acceptance Corporation (Nasdaq: WRLD). Periculum acted as the exclusive financial advisor to Royce in this transaction. See details below:

Advisory Team

Periculum

Joseph H. Broecker
Senior Managing Director
317.636.1800 ext. 202
jbroecker@periculumcapital.com

Robert H. Shortle
Senior Managing Director
317.636.1800 ext. 204
bshortle@periculumcapital.com

Christopher M. Caniff
Managing Director
317.636.1800 ext. 209
ccaniff@periculumcapital.com

Todd R. Lugar
Director
317.636.1800 ext. 205
tlugar@periculumcapital.com

Ryan W. Flynn
Analyst
317.636.1800 ext. 203
rflynn@periculumcapital.com

 

 

 

Sale of a Specialty Consumer Finance Company

Royce, established in 1994, engaged primarily in the short-term consumer lending market and focused specifically on installment and check advance loans through thirteen retail locations within Central and North Central Illinois. The owner of Royce decided to exit the business and concentrate on other business interests. Periculum was engaged and initiated a marketing effort focused on larger strategic buyers throughout the United States. Royce was sold through an asset sale to a subsidiary of World Acceptance Corporation, a well capitalized strategic buyer with a complementary geographic presence. With access to additional capital, the combined business will be able to take advantage of significant market opportunities.

Periculum Capital Company, LLC provides investment banking to middle market companies located primarily in the Midwest. Periculum brings to the market the professional commitment and transactional services that historically have been provided to large enterprises by major investment banking firms.

 

 

 



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Periculum Capital Company, LLC provides investment banking and corporate and venture development services to middle market companies located primarily in the Midwest. Periculum provides strategic and financial advisory services focusing on middle-market mergers & acquisitions, complex financial restructuring transactions, and growth equity financings.We do the following: capital, investment, investment bank, bank, banking, indianapolis, Indiana, mergers, aquisitions, equity, debt, private equity, private debt, financing, sell business, growth consulting, growth, corporate finance, advisors, advisory service, M&A, debt financing, equity financing, ipo, business broker, growth consulting, recapitalization, leveraged buyout, lbo, management buyout, mbo, sell company, sells companies.