UnitedLex CEO Daniel Reed
CVC deal gives UnitedLex access to $500m for investment in tech and acquisitions
September 21, 2018 at 12:00 AM
1 minute read
The original version of this story was published on Americanlawyer/americanlawyer
Private equity giant CVC Capital Partners has acquired a majority stake in US legal services provider UnitedLex.
Daniel Reed, the CEO of UnitedLex – which during the past 18 months has signed contracts worth $1.5bn – said the transaction will give his company access to $500m in debt and equity that he will use to invest in technology, target businesses for acquisition and invest alongside the clients it serves.
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