Inflexion and Endicott Capital to invest in the legal tech business of Allen & Overy.

Private equity firms Inflexion and Endicott Capital agreed to invest in the legal tech business of Allen & Overy, a British multinational law firm headquartered in London. Financial terms were not disclosed. "The sector is one we’ve tracked for some time as heightened regulatory scrutiny and complexity have led to growing demand for efficiency and thus outsourcing in legal spend. We have been very impressed by what Marc-Henri and his team, with the support of A&O, have built. The quality of aosphere’s offering and its reputation in the market are truly unique. We see incredible potential in continuing to expand the platform and are excited to partner with Marc-Henri and A&O to continue this journey together," David Whileman, Inflexion Partner and Head of Partnership Capital.