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Announced

Completed

Vista Credit Partners completed a $223m investment in Rocket Lawyer.

Financials

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Transaction Value£160m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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legal services

Domestic

Minority

Friendly

United States

Single Bidder

Management Consulting

Private

Acquisition

Completed

Private Equity

Synopsis

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Vista Credit Partners, a strategic credit investor and financing partner, completed a $223m investment in Rocket Lawyer, a company providing the affordable and complete legal services. “We are thrilled to be partnering with Charley Moore and the impressive Rocket Lawyer team, who have pioneered an important technology at a time when millions of people need affordable legal services. The pandemic has hastened the transition of legacy systems to a more accessible digital future, especially in the legal sphere. We believe this climate gives Rocket Lawyer an incredible growth opportunity, and we look forward to supporting their mission to democratize access to legal services," David Flannery, Vista Credit Partners President.

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