CHICAGO, Illinois – CIVC Partners, L.P. (“CIVC”), a Chicago-based middle-market private equity firm focused on investing in the business services sector, is pleased to announce a strategic investment in Nationwide Legal (“Nationwide” or the “Company”), in partnership with founder and CEO Tony Davoodi and the existing management team.
Founded in 2007, Nationwide is a premier provider of critical litigation support services to law firms, with a focus on service of process, court filing, subpoena services, and court reporting. Over the past 19 years, the Company has established a reputation for excellence through its highly differentiated value proposition and nationwide reach and is one of the fastest growing businesses in its sector. For additional information, visit nationwidelegal.com.
“We are excited to partner with the team at CIVC, who shares our vision for Nationwide and brings unique expertise and resources to enhance our service offering and accelerate our growth trajectory,” said founder and CEO Tony Davoodi. “CIVC’s experience in litigation services and long-term track record of success partnering with founder-led, best-in-class services businesses will further reinforce Nationwide’s position as a premier litigation support partner for our clients.”
Doug Potters, Partner at CIVC, added, “Nationwide represents a compelling opportunity to invest in a scaled, rapidly growing platform with a differentiated market position in the attractive litigation support industry. We are thrilled to partner with Tony and the exceptional team at Nationwide to support the Company’s organic growth objectives and accelerate its strategic acquisition strategy.”
The partnership with Nationwide builds on CIVC’s investment experience in the legal services industry, notably through its prior investment in Magna Legal Services, a leading provider of litigation support services including deposition management, jury consulting, and record retrieval.
Ropes & Gray LLP served as legal counsel to CIVC on the transaction, and Piper Sandler & Co. acted as CIVC’s financial advisor. Intrepid Investment Bankers LLC acted as financial advisor to Nationwide, and Sheppard, Mullin, Richter & Hampton LLP served as legal counsel to the Company.
About CIVC Partners, LP
CIVC Partners is a Chicago-based private equity firm investing in high-growth middle market companies in business services sectors. Since 1989, CIVC has invested almost $3.0 billion in 89 platforms, in partnership with founders and executives. CIVC Partners currently invests from CIVC Partners Fund VII. More information on CIVC Partners and its portfolio companies can be found at www.civc.com. If you have an opportunity that may be an acquisition candidate for Nationwide, please contact Doug Potters (dpotters@civc.com) or Michael Jamieson (mjamieson@civc.com).
CIVC Partners
Kate Gallego
(312) 873-7331
kgallego@civc.com