article thumbnail

LegalZoom Sells $500M Secondary Stake To Private Equity Investors

socalTECH

Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors.

Legalzoom 100
article thumbnail

How YP Is Growing A Giant Tech Team In Glendale

socalTECH

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP -- staffed with a surprising number of Los Angeles startup vets. Here in Glendale, the population is around 600 people total. We also know we''re not a startup, and don''t have equity to offer. How big is YP? Louis and Atlanta.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How YP.com Is Growing A Giant Tech Team In Glendale

socalTECH

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP (www.yp.com) -- staffed with a surprising number of Los Angeles startup vets. Here in Glendale, the population is around 600 people total. We also know we''re not a startup, and don''t have equity to offer. How big is YP.com?

article thumbnail

Clearlight Partners Raises $300M Private Equity Fund

socalTECH

Newport Beach-based private equity investor Clearlight Partners has raised $300M in a new fund, Clearlight Partners III, according to a regulatory filing from the firm this week. The firm invests in mid-market, profitable companies. Clearlight previously had $600M in capital under management, not including the newest fund. READ MORE>>.

Equity 113
article thumbnail

LegalZoom Sells $200M In Majority Stake To Permira

socalTECH

Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. legalzoom merger acquisition private equity legal documents' READ MORE>>.

Legalzoom 231
article thumbnail

LegalZoom Expands Board

socalTECH

Glendale-based LegalZoom , the provider of legal documents and products, has named a new member of its board of directors. Wang is at private equity investor Francisco Partners. According to LegalZoom, it has named Christine Wang to its board of directors. Wang previously was also at Advent International, and also served at J.P.

Legalzoom 100
article thumbnail

Permira Completes $200M LegalZoom Buy

socalTECH

The deal by private equity firm Permira to acquire the majority stake in Glendale-based egalZoom is now complete, according to Permira. legalzoom permira merger acquisitoin exit kpcb legal documents finance private equity' Polaris Venture Partners now owns a smaller portion of its ownership in the company. READ MORE>>.

Legalzoom 204