LONDON–(BUSINESS WIRE)–Law Business Research (“LBR”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has acquired MBL Seminars Limited (“MBL”). Headquartered in London with offices throughout the United States and in Hong Kong, LBR is a leading provider of business information, legal analysis tools and networking for global legal markets.
Founded in 2003 and headquartered in Manchester, United Kingdom, MBL is the leading provider of compliance-led learning and development solutions for professional services firms. Leveraging a pool of over 500 experts, MBL offers a suite of more than 9,000 courses covering legal and accounting topics delivered through both e-learning and in-person training modalities. MBL has a high-quality customer base of more than 6,900 firms, including nearly all of the UK’s top legal practices.
This represents LBR’s fourth acquisition under LLCP’s ownership. Previous acquisitions include Globe Business Media Group in 2018, Docket Navigator in 2021 and Legal Monitor in 2022.
Nick Brailey, CEO of LBR, commented, “MBL has an excellent reputation in the market, with high-quality products and deep relationships with clients and subject matter experts. The team has built an impressive business, and we look forward to this next phase of their growth trajectory.”
Andrew Alexander, Managing Director at LLCP, added, “We are pleased to support this acquisition, which reflects our commitment to LBR’s growth plan. The addition of MBL bolsters LBR’s product portfolio while reinforcing its mission of informing and connecting the global legal community. We look forward to our continued partnership with Nick and the entire LBR management team.”
LBR is a portfolio company of Levine Leichtman Capital Partners VI, L.P.
LLCP was advised by Willkie Farr & Gallagher LLP and Kirkland & Ellis LLP.
About Levine Leichtman Capital Partners
Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 39-year track record of investing across various targeted sectors, including Franchising & Multi-unit, Business Services, Education & Training and Engineered Products & Manufacturing. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity.
LLCP’s global team of dedicated investment professionals is led by nine partners who have worked at LLCP for an average of 19 years. Since inception, LLCP has managed approximately $13.3 billion of institutional capital across 15 investment funds and has invested in over 100 portfolio companies. LLCP currently manages $8.7 billion of assets and has offices in Los Angeles, New York, Chicago, Charlotte, Miami, London, Stockholm, The Hague and Frankfurt.
Contacts
Mark Semer/Sara Widmann
Gasthalter & Co.
(212) 257 4170
llcp@gasthalter.com
