Deal Details
LLCP Acquires EI
Summary
Levine Leichtman Capital Partners LLC ("LLCP"), in partnership with management, has acquired Expert Institute ("EI" or the "Company"), a portfolio company of Spectrum Equity ("Spectrum"). Terms of the transaction were not disclosed.
Baird served as advisor to LLCP on this transaction.
About
LLCP is a middle-market private equity firm with a 40-year track record of investing across various targeted sectors, including Business Services, Franchising & Multi-unit, Education & Training and Engineered Products & Manufacturing. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity. LLCP is headquartered in Beverly Hills, California.EI is a leading provider of outsourced legal services to the attorney market. The Company’s network and technology platform connect law firm clients with high-quality expert witnesses, medical professionals and AI-enabled due diligence solutions to drive enhanced case outcomes. The platform streamlines the process of expert engagement, offering tools and resources to help legal teams identify and collaborate with specialists for litigation support, case consultations and testimony. EI is headquartered in New York, New York.
Spectrum partners with exceptional entrepreneurs to build great companies. Spectrum seeks to invest in companies which have defensible and sustainable business models with strong recurring revenue, significant operating leverage and structural competitive advantages. Spectrum has a flexible approach to ownership and typically invests $25 – $150 million per investment, often representing a firm’s first institutional investor. Spectrum plays a prominent role in helping its portfolio companies scale their business through senior management and Board recruitment, M&A and sales & marketing optimization. Spectrum is headquartered in Boston, Massachusetts.
CONTACT US TO LEARN MORE
- Date
- October 2024
- Company
- Levine Leichtman Capital Partners LLC
- Transaction
- M&A - Buyside
- Sectors
- Technology & Services
- Verticals
-
Business Process Outsourcing
- Target Geography
- North America
- Acquiror Geography
- North America
Share