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New Deal


Announced

Oakley Capital-backed vLex to acquire Fastcase.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Software

United States

Pending

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Domestic

cloud-based software

Acquisition

Private

Private Equity

Single Bidder

Synopsis

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Oakley Capital-backed vLex, a provider of multi-award-winning technology and global legal information, agreed to acquire Fastcase, a legal intelligence business. Financial terms were not disclosed. "We’re pleased to be joining forces with vLex at such an exciting time for our industry. The merger of our two businesses creates the biggest collection of law data and the ultimate training data set for legal AI. We have ambitious growth plans and our partnership with vLex provides the resources and know-how to execute them," Ed Walters, Fastcase CEO and Co-Founder.

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