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Announced

Completed

TPG led a $202m Series D funding round in Everlaw.

Financials

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Transaction Value£148m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

United States

Private Equity

Private

Software

Venture Capital

Domestic

Minority

Productivity Software

Acquisition

Friendly

Synopsis

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TPG led a $202m Series D funding round in Everlaw, a developer of a cloud-based litigation platform. Additional investors include HIG, CapitalG, Menlo Ventures, Andreessen Horowitz and K9 Ventures. "The legal industry has undergone a decade's worth of technological change in just 18 months. Legal professionals need tools that can keep up with the pace of change without sacrificing security. We're proud of what we've accomplished, but we're not resting on our laurels. This investment is part of a thoughtful and well-paced strategy for global growth, enabling us to support our customers, people and programs, including go-to-market efforts, channel partnerships and product innovation," AJ Shankar, Everlaw CEO and Founder.

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