Harris Williams Advises Magna Legal Services on its Pending Sale to Odyssey Investment Partners, LLC
October 20 2022 - 10:18AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces it is advising Magna Legal
Services (Magna), a portfolio company of CIVC Partners, L.P.
(CIVC), on its pending sale to Odyssey Investment Partners, LLC
(Odyssey). Magna provides litigation support services to law firms,
insurance companies and corporations across the United States. The
transaction is being led by Derek Lewis, Bryce Walker, Pete Morgan,
Rudy Pedraza and George Stephenson of the Harris Williams Business
Services Group.
“It has been a pleasure to partner with the Magna team on this
transaction,” said Derek Lewis, a managing director at Harris
Williams. “The team has built an impressive platform that is poised
for continued growth.”
“We continue to see strong and growing interest in the
outsourced legal services sector as investors seek resilient
businesses that provide essential services at scale,” said Bryce
Walker, a director at Harris Williams.
Magna is a leading provider of litigation support services to
law firms, insurance companies, and corporations, offering a
complementary suite of technology-enabled deposition services,
record retrieval, and litigation consulting to support clients
through each phase of the litigation process.
CIVC is a Chicago-based private equity firm established in 1970
to provide growth capital to entrepreneurs and founders. Since
1989, CIVC has invested over $2 billion in 76 platforms, primarily
as growth and buyout capital, along with founders and executives in
middle market companies mainly in the business services sector.
CIVC currently invests from CIVC Partners Fund VI.
Odyssey Investment Partners, with offices in New York and Los
Angeles, is a leading private equity investment firm with a more
than 25-year history of partnering with skilled managers to
transform middle market companies into more efficient and
diversified businesses with strong growth profiles. Odyssey has
raised over $8.2 billion of private equity capital since inception,
investing in over 50 platform companies and executing over
approximately 260 add-on acquisitions. Odyssey makes
majority-controlled investments in industries with a long-term
positive outlook and favorable secular trends.
Harris Williams, an investment bank specializing in M&A
advisory services, advocates for sellers and buyers of companies
worldwide through critical milestones and provides thoughtful
advice during the lives of their businesses. By collaborating as
one firm across Industry Groups and geographies, the firm helps its
clients achieve outcomes that support their objectives and
strategically create value. Harris Williams is committed to
execution excellence and to building enduring, valued relationships
that are based on mutual trust. Harris Williams is a subsidiary of
the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams Business Services Group has experience
advising companies that provide a range of commercial, industrial
and professional services. For more information on the firm’s
Business Services Group and other recent transactions, visit the
Business Services Group’s section of the Harris Williams
website.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221020005799/en/
For media inquiries, please contact Julia Moore at
media@harriswilliams.com.
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Jun 2024 to Jul 2024
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Jul 2023 to Jul 2024