LOS
ANGELES, July 2, 2024 /PRNewswire/ -- Aurora
Capital Partners ("Aurora"), a leading middle-market private equity
firm, today announced that it has acquired First Legal (the
"Company"), the largest independent provider of outsourced
litigation support services across the
United States. Terms of the transaction were not
disclosed.
Founded in 1993, First Legal is the only firm providing
comprehensive services throughout the entire litigation process,
from File Thru TrialÔ. The company delivers white glove service
across its offerings, including court filing, eFiling, service of
process, court reporting, eDiscovery, record retrieval, digital,
investigations, and trial support. First Legal provides
technology-enabled services to more than 3,500 customers across all
50 states, including over 70 AmLaw 100 Firms, with a notable
presence in California,
Arizona and Nevada.
"We are proud of what we have built at First Legal and are
excited about the opportunity to partner with a firm with Aurora's
track record as we enter this next stage in our Company's
evolution," said Alex Martinez,
Chief Executive Officer of First Legal. "The legal landscape is
changing rapidly, and we are energized by the opportunity to help
law firms of all sizes more efficiently navigate the complexities
of the litigation process. I look forward to working with the
Aurora team to continue to enhance our product offerings, expand
into new markets and attract and retain top talent to better serve
our clients."
"Over the past decades First Legal has demonstrated an unmatched
track record of organic growth with no outside investment support,
a testament to Alex, his senior leadership team, and the remarkable
culture they have built," said Rob
Fraser, Partner at Aurora. "We at Aurora are thrilled to
partner with First Legal to provide the strategic, operational, and
financial support to accelerate the Company's growth in the
future."
"Alex and the First Legal leadership team have built an
exceptional platform centered on high-quality customer service,"
said Bianca Sganga, Vice President
at Aurora. "This focus on superior execution provides a solid
foundation for the organic and inorganic investment needed for
First Legal to reach its full potential."
The transaction marks the eleventh investment from Aurora Equity
Partners VI, which was activated in September 2020. First Legal was represented by
JEGI CLARITY, a leading independent investment bank for software
and tech-enabled services companies in the legal, compliance, media
and business information sectors. Stephens Inc. served as financial
advisor to Aurora on the transaction.
About Aurora Capital Partners
Aurora Capital Partners
is a leading Los Angeles-based
private equity firm with $5 billion
in assets under management. Founded in 1991, the firm invests in
middle-market companies with leading market positions, stable
industry dynamics, attractive business model characteristics and
actionable opportunities for growth in partnership with
management. For more information about Aurora Capital
Partners, visit: www.auroracap.com.
About First Legal
First Legal is the first
comprehensive File Thru Trial™ solutions firm providing a
single-source approach that enables us to simplify the litigation
process for our clients. The Firm's culture of innovation, trust,
quality service, and depth of industry knowledge makes us uniquely
qualified to bring relevant and timely solutions. Our suite of
services, including court filing, eFiling, service of process,
court reporting, eDiscovery, record retrieval, digital,
investigations, and trial support work together to ensure a
personalized and effortless client experience. For more information
about First Legal, visit: https://www.firstlegal.com/
Media Contacts
ASC Advisors
Taylor Ingraham
203-992-1230
tingraham@ascadvisors.com
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SOURCE Aurora Capital Partners