It’s a deal that brings together one of the most touted ‘alternative’ legal service providers with one of Europe’s top private equity investors – just a few days into 2014. The announcement this week that Permira is investing over £100m in LegalZoom is a reminder of the growing interest from financiers in the legal sector.
Fried Frank Harris Shriver & Jacobson advised European private equity house Permira on the £122m investment in US-based LegalZoom making it the largest shareholder in the much-tipped online legal document company.