Irvine, California-based Plutos Sama completed the acquisition of The Fisher Law Group, a default law firm practicing in Maryland and the District of Columbia.
Plutos Sama is a holding company that provides its clients with legal resources for a variety of sectors, asset classes and regions around the globe.
“The addition of The Fisher Law Group to the Plutos Sama portfolio will result in an increase of projected revenue from $54 million to $64 million on a consolidated basis, and positions our company for further growth in the distressed asset market,” said Plutos Sama’s founder and chairman Matthew Browndorf.
“The acquisition of The Fisher Law Group will augment the comprehensive legal service offerings to our clients on a national scale,” added Browndorf.
During the next quarter, Plutos Sama plans to merge The Fisher Law Group into BP Law Group, under the name BP Fisher Law. The combined entity will conduct or manage residential foreclosure and bankruptcy matters in 18 states and the District of Columbia.
Jeffrey Fisher, founder of The Fisher Law Group, will remain with the firm and serve as the executive vice president of business development of the combined entities.
Additionally, Martin Goldberg, who has been with The Fisher Law Group for 20 years, will serve as lead attorney of the Maryland office.