Pathlight Capital LP (“Pathlight” or “Pathlight Capital”) today announced that it is serving as the Administrative Agent on a $225 million senior secured credit facility for JGW Debt Settlement, LLC (“JG Wentworth” or the “Company”), a provider of success fee-based debt resolution services.
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JG Wentworth is a nationally recognized direct-to-consumer brand offering unique financial solutions that help individuals with their “CASH NOW” needs. In recent years, the Company has strategically expanded its platform to include debt resolution services, leveraging its brand awareness and consumer-focused capabilities to drive growth in this segment.
Proceeds from the credit facility will be used to refinance existing debt and support the continued expansion of the Company's debt resolution business.
Doug Nicholson, Managing Director at Pathlight Capital, commented, “Pathlight is pleased to support JG Wentworth and its trusted brand as they expand their debt resolution platform. We look forward to a long-term partnership and to supporting the Company's continued growth and strategic evolution.”
“Securing this growth capital from Pathlight Capital marks an important milestone for our company. It's a strong endorsement of our vision, our debt resolution team, and the momentum we've built since entering this industry,”said Randi Sellari, CEO of JG Wentworth.
AboutPathlightCapitalPathlight Capital is a private credit investment manager dedicated to meeting the needs of companies that operate across a broad range of industries by providing asset-based loans secured on a first or second lien basis against tangible and intangible assets.Pathlight aims to provide creative financing solutions to allow management teams to access incremental liquidity for the purposes of funding working capital, debt refinancings, growth, acquisitions, dividends and turnaround strategies. For more information, please visit www.pathlightcapital.com.
About JG Wentworth Company, LLCJG Wentworth is more than a consumer financial services company that focuses on helping Americans achieve their financial goals – it's a beloved iconic brand. Their “877-CASH-NOW” jingle has permeated pop culture for over 30 years and was most recently featured on the final season of “Curb Your Enthusiasm.” Powered by over 800 dedicated employees nationwide, JG Wentworth brings unique financial services to everyday Americans, including: Debt Resolution, Structured Settlement Payment Purchasing, Personal Lending, and their recently launched Financial Services Marketplace. Headquartered in Chesterbrook, Pennsylvania, JG Wentworth was honored with the Philadelphia Top Workplaces Award in 2023, 2024, and 2025, and was also recognized by USA Today as a Top Workplace in both 2024 and 2025. For more information, please visit www.jgwentworth.com.
The information presented in this release is the opinion of Pathlight Capital LP and does not reflect the view of any other person or entity. The above is for information purposes and should not be construed as an investment recommendation.
This release may contain an endorsement from an individual who may be supporting or recommending the activities of Pathlight Capital LP. Such individual has not been compensated directly or indirectly by Pathlight Capital LP for the use of his statements. The statements represent endorsement by that individual only and may not represent the experience of all counterparties.
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SOURCE Pathlight Capital
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