Thompson Street Capital Partners, a St. Louis-based private equity firm, has invested in Benefit Recovery Group, a Memphis, TN-based provider of subrogation services.

BRG delivers subrogation and compensation recovery services for the self-insured employer market. The firm provides services with zero-member disruption and makes use of a proprietary technology-enabled infrastructure.

“Through its tech-enabled platform and no member disruption, BRG represents a truly differentiated business in the subrogation space,” J.C. Wetzel, director, TSCP. “TSCP is looking forward to partnering with the BRG management team to accelerate the Company’s already exceptional growth.”