Worldwide Legal Research, trading as LegalMonitor, a research company headquartered in London, has been sold to Law Business Research Ltd, a portfolio company of Levine Leichtman Capital Partners VI, LP (LLCP). Fusion Corporate Partners acted as corporate advisor for Worldwide Legal Research. The Fusion team was led by Paul Slight, Director at Fusion. The terms of the deal were not disclosed.
Law Business Research (LBR) is a technology-enabled information services business powering the global legal industry with intelligence, analytics and performance data. LegalMonitor is the most accurate database of over 260,000 lawyers, incorporating artificial intelligence, advanced search and visual analytics.
David Kekwick, Executive Director of LegalMonitor, noted, “The combination of our data platform and LBR is an exciting one. LBR brings access to the operational tools and experience we need to scale plus significant marketplace access. We will be able to accelerate investment in our platform and ensure ongoing product evolution.”
Paul Slight commented, “This is second time round for David Kekwick and Fusion having previously worked on the sale of David’s first business to Wilmington circa 10 years ago. The fit with Law Business Research in this instance is clear and will only enhance Legal Monitor’s market leading products for legal recruiters globally.”
Nick Brailey, CEO of Law Business Research, said, “Law Business Research and LegalMonitor both provide data-driven, technology-enabled, subscription platforms that naturally complement each other. LegalMonitor brings a significant database, insight into the global legal market and additional technology capabilities. Our combined research will map the known universe of lawyers and tie together datasets to fulfil more use cases. This will benefit our entire portfolio of client solutions and represents a continuation of our strategy of delivering technology-enabled content by adding a highly relevant data asset to our business. I’d like to take this opportunity to welcome the Legal Monitor team to LBR and I look forward to seeing what we can achieve together”.