Blue Sage Capital, an Austin-based private equity firm, has made an investment in NexGen Financial in partnership with Four Point Capital Advisors.
Founded in 2018, NexGen offers capital services to debt settlement companies. The cash infusions from NexGen aim to allow debt settlement companies to finance customer acquisition costs and maintain operations without sacrificing growth goals. The investment from Blue Sage will serve as primary growth capital on NexGen’s balance sheet to drive growth.
“Partnering with Blue Sage and Four Point will enable us to meet the demands of our debt settlement partners that are rapidly growing in the current macroeconomic environment,” states James Shanahan, NexGen’s founder and president. “By leveraging Blue Sage and Four Point’s resources and strategic support, NexGen will be positioned to grow with our existing partners, begin supporting new partners, and expand our service offerings and analytical insight capabilities.”