Leonard Green & Partners, a private equity firm, completed the acquisition of CPA Global, a provider of IP software, services and data & analytics for corporates and law firms, from Cinven, a global private equity firm, for $3.1bn. "Cinven has provided huge support to CPA Global over the past five years. Our investment in technology has enabled us to provide an unrivalled integrated technology platform for end-to-end IP management for both corporates and law firms. In addition, we have successfully built our proposition to span the entire IP lifecycle, providing products and services to customers to support innovation, ensure patent protection, and enable companies to commercialise their IP. We would like to thank the Cinven team and are now looking forward to the next exciting phase of our growth," Simon Webster, CPA Global CEO.