A Fusion Deal: Law Business Research sold to Bowmark Capital
Fusion Corporate Partners are pleased to announce the sale of specialist legal publisher Law Business Research to Bowmark Capital, the mid-market private equity firm. Bowmark Capital invested alongside the company’s founders, Richard Davey, Callum Campbell and Sebastian O’Meara. The terms of the deal were not disclosed. The Fusion team was led by Paul Slight.
Established in 1996, Law Business Research (“LBR”) publishes research, data and analysis on international business law and legal markets. The company produces leading publications in fields such as international anti-trust law, arbitration law and Latin American law, and prides itself on creating essential and unique information for its subscribers in over 100 jurisdictions.
LBR today employs over 100 people in the UK, US and Brazil. Its portfolio of products spans news publications, know-how guides, legal rankings and events, and includes titles such as “Global Competition Review”, “Global Arbitration Review”, “Getting The Deal Through” and “Latin Lawyer”. The company serves all the world’s leading law firms and counts a large number of major corporations and regulators among its clients.
The international legal market has grown significantly in recent years, driven by globalisation and the growth in cross-border trade, and this has fuelled the demand for increasingly sophisticated and timely information from the legal profession. With the backing of private equity, LBR is now seeking to further capitalise on this growth, by expanding both its sector and geographic coverage.
Richard Davey, LBR’s managing director, commented: “We have ambitious plans to continue developing our business, and to further extend the depth and breadth of our services – while continuing to provide the highest quality content to our subscribers worldwide. In Bowmark, we have found a supportive and experienced financial partner to help us achieve these goals.”
Bowmark partner, Julian Masters, said: “LBR is a unique business in a growing market, with an outstanding reputation based on the quality of its content. We are delighted to be backing Richard Davey and his team in the next stage of the company’s growth.”