ATLANTA – April 4, 2018 — Epiq, a global leader in the legal services industry, today announced that it has sold its Chapter 7 trustee and fiduciary business to a subsidiary of BofI Holding, Inc, parent of BofI Federal Bank (NASDAQ: BOFI), a financial institution that provides consumer and business banking products.

ATLANTA – April 4, 2018 — Epiq, a global leader in the legal services industry, today announced that it has sold its Chapter 7 trustee and fiduciary business to a subsidiary of BofI Holding, Inc, parent of BofI Federal Bank (NASDAQ: BOFI), a financial institution that provides consumer and business banking products.

“This transaction creates significant value for both companies,” said John Davenport, Jr., chief executive officer of Epiq. “We are confident that our Chapter 7 clients will find the partnership of our industry-leading former team and BofI’s specialty deposit capabilities an excellent fit.”

Effective immediately, Epiq employees within the company’s Chapter 7 business have transitioned to BofI.

Advisors to Epiq for this transaction were Bryan Cave Leighton Paisner LLP, Baird, and Alvarez & Marsal Transaction Advisory Group.

About Epiq
Epiq, a global leader in the legal services industry, takes on large-scale, complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.

About BofI Holding, Inc
BofI Holding, Inc. is the holding company for BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With approximately $8.9 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol “BOFI” and is a component of the Russell 2000® Index, the S&P SmallCap 600® Index, and the KBW Nasdaq Financial Technology Index. For more information on BofI Federal Bank, please visit bofifederalbank.com.

Epiq Press Contact
Jill Brown
+1 713 933 2905
jbrown@epiqglobal.com  

BofI Investor Relations Contact 
Johnny Lai, CFA
Vice president, corporate development & investor relations
858-649-2218
jlai@bofi.com