Announced
Financials
Tags
Friendly
Acquisition
Software
document creation
cleaning documents
software
documents
United States
Private
Cross Border
Minority
Pending
Private Equity
Single Bidder
Synopsis
Hg Capital, a private equity firm, agreed to invest £28.2m in Litera, a provider of legal technology solutions. "The last two years have seen Litera treble in size, serving many thousands of customers with more solutions and in more geographies. The velocity and complexity of this expansion has been made possible by an incredible team at Litera combined with a fantastic relationship with Hg, whose knowledge and impressive network in legal tech has presented numerous opportunities for the business. We are delighted that Hg is committing further investment into the business to provide Litera with even more firepower to enable us to continue this trajectory for many years to come," Avaneesh Marwaha, Litera CEO.
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