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New Deal


Announced

Completed

Consello Capital completed the acquisition of a majority stake in ProSearch Strategies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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One Off Charge-

Tags

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legal services

United States

Private

Single Bidder

Friendly

Risk and Compliance

Acquisition

Domestic

Majority

Private Equity

Completed

Synopsis

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Consello Capital, a private equity firm, completed the acquisition of a majority stake in ProSearch Strategies, a provider of tech-enabled legal services to enterprise customers. Financial terms were not disclosed. "More than ever, business leaders are looking for actionable ways to use technology and AI to improve their business processes and thereby create shareholder value. ProSearch is a great example of a B2B company that helps its clients do just that, with a relentless focus on using technology to drive efficiency. We look forward to working closely with the ProSearch team to help them continue to deliver industry-leading products and services, expand their technology offerings and further add to their blue-chip roster of customers," Peter Morrow, Consello Capital Managing Partner.

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