LegalZoom announces $500 million secondary investment

31 July 2018

LegalZoom, the leading provider of legal solutions for small businesses and families, announced a $500 million secondary investment led by Francisco Partners and GPI Capital, with participation from one or more Franklin Templeton Investments funds and funds managed by Neuberger Berman Investment Advisers.

“Delivering valuable solutions that naturally evolve into deeper relationships with customers has resulted in a rare combination of healthy profitability and accelerating revenue growth” commented LegalZoom CEO John Suh. “We’re excited to partner with an impressive set of new growth equity investors that will support our efforts to democratize law.”

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