In January 2016, JustKapital acquired the assets and the business of Macquarie Medico Legal & Radiology (MML).
Established in 2007, MML is a growing business which funds and provides medical reports and radiological services to legal practitioners. MML is a market leader in the funding of medical reports and related medical professionals’ expenses associated with personal injury cases.
MML currently operates mainly in Sydney. MML has an estimated 4% market share in Australia with the total market estimated to be worth more than $300m. As part of the continued growth objectives, the Board of JustKapital believes there are significant opportunities to expand the business beyond NSW in this highly fragmented disbursement funding marketplace.