TRIPLE ACQUIRES LEGAL BENCHMARKING GROUP
Triple Private Equity (“Triple") is pleased to announce that we have signed an agreement to acquire Legal Benchmarking Group from Delinian.
Legal Benchmarking Group (“LBG”) is an established provider of leading data and insights for law firms globally, providing law firm rankings and data to practitioners across four specialist legal brands: IFLR, Benchmark Litigation, ITR and ManagingIP. These rigorously researched solutions empower law firms to win business and retain clients and are deeply embedded within customers’ business development workflows.
This represents the second investment made by Triple’s inaugural fund, which invests in mission-critical B2B software and data across Financial Infrastructure and Risk and Compliance. Triple sourced the opportunity off-market and will partner with Delinian to carve out the business on a standalone basis.
Commenting on the acquisition, Mads Hansen, Head of Investments and Managing & Founding Partner at Triple Private Equity, said: “We are delighted to be adding Legal Benchmarking Group to our portfolio. The business has a strong market position with globally recognised brands in its specialist practice areas, providing mission-critical solutions to its customers – wholly aligned to Triple’s investment criteria. We look forward to working with the LBG team.”
Ben Shepherd, Head of Value Creation & Founding Partner at Triple Private Equity, added: “We look forward to partnering with Legal Benchmarking Group and its outstanding team and customers to pursue its next phase of growth harnessing Triple’s unique emphasis on hands-on value creation. We see great potential in the business and its team and consider it a great addition to our portfolio.”
Tom St Denis, MD at Legal Benchmarking Group, comments: “Legal Benchmarking Group has built a reputation for integrity in our specialist markets. I am delighted that we have found new investment from Triple Private Equity who can help us move to the next level of growth.”
Triple is excited to partner with Tom and the rest of the Legal Benchmarking Group team to deliver on the business’ next stage of growth.
The deal is expected to close in May 2025.