LifeOptions L.L.C. says it has acquired Autumn Life Settlements Inc.
LifeOptions, Stamford, Conn., is a life settlement broker that was founded in 2005.
Autumn Life, Matthews, N.C., is a life settlement broker that was founded in 2006.
The combined operations, which will operate under the LifeOptions name, will have about $1.5 billion of cases in process, LifeOptions says.
LifeOptions has been strong in the Northeast, and the Autumn Life deal will increase the company’s presence in the Atlantic and in the Southeast, according to LifeOptions President James Pugliese.