.
MergerLinks Header Logo

New Deal


Announced

Consilio to acquire Lawyers On Demand and SYKE from Bowmark Capital.

Financials

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

Tags

Edit

Business Process Outsourcing

United Kingdom

legal technology

operations consultancy

Acquisition

Cross Border

Majority

Pending

Single Bidder

Australia

legal talent

Outsourced HR and Staffing

Private

Friendly

Private Equity

Synopsis

Edit

Consilio, a legal technology solutions and enterprise legal services provider, agreed to acquire Lawyers On Demand, a flexible legal talent company, and SYKE, a legal technology consultancy, from Bowmark Capital, a pivate equity firm. Financial terms were not disclosed. “The Flexible Talent market remains fragmented and we continue to explore opportunities to create impactful solutions for legal teams as they face an unprecedented amount of talent concerns, as a result of historically high attrition rates, budgetary freezes, and legal industry salary increases out of reach for many corporations. This acquisition brings LOD’s and SYKE’s deep expertise in flexible legal talent and legal technology consulting onboard while unlocking greater scale and capabilities for our clients," Andy Macdonald, Consilio Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US