CAK Universal Credit Corp. expects to close four patent/royalty securitizations by the end of this quarter, said Robert D'Loren, president and chief operating officer of CAK.
The deals will average $40 million in size. Two of the transactions will be apparel licensing deals, with revenues tied to a clothing brand. The other two will be a publishing company deal, backed by the revenues associated with copyrights, and a retail franchise royalty deal, backed by the revenues associated with a franchise's intellectual property, i.e. logo, name, etc.