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Announced

Levine Leichtman Capital Partners to acquire BigHand from Bridgepoint Development and LDC.

Synopsis

Levine Leichtman Capital Partners, a private equity firm, agreed to acquire BigHand, an application software services provider, from private equity firms Bridgepoint Development and LDC. Financial terms were not disclosed. "My team and I are delighted to partner with LLCP as we seek to accelerate growth and further strengthen our market position. LLCP has a long history of being a value-added partner to its portfolio companies throughout North America, the UK and Europe. Their successful experience with other legal services businesses, as well as their strategic, financial and M&A expertise, should contribute meaningfully to the continued growth of our business,” Sam Toulson, BigHand CEO.

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