Intrepid Investment Bankers, a leading middle-market investment bank and the advisory arm of global financial group MUFG, announced that Nationwide Legal LLC ("NWL" or the "Company") has completed a recapitalization with CIVC Partners, L.P. ("CIVC"), a Chicago-based middle-market private equity firm with deep experience in business services. Intrepid acted as the exclusive financial advisor to Nationwide Legal. Founder and CEO Tony Davoodi will continue to lead the business alongside the existing management team.
Founded in 2007 and headquartered in Los Angeles, California, Nationwide Legal is a premier provider of mission-critical litigation support services to law firms across the United States. The Company delivers a comprehensive suite of offerings spanning the litigation lifecycle, including service of process, court filing, subpoena services, court reporting, investigations, and messenger services, all powered by a proprietary technology platform that provides real-time tracking, automated workflows, and seamless integration into law firm systems. With a leading list of blue-chip law firm customers, Nationwide Legal has established itself as one of the fastest-growing platforms in the litigation support industry.
"We are excited to partner with the team at CIVC, who shares our vision for Nationwide Legal and brings unique expertise and resources to enhance our service offering and accelerate our growth trajectory," said Tony Davoodi, Founder and CEO of Nationwide Legal. "CIVC's extensive experience in litigation services and long-term track record of success partnering with founder-led, best-in-class services businesses will further reinforce Nationwide Legal’s position as a premier litigation support partner for our clients."
“Intrepid was an incredibly valuable partner from beginning to end, I don’t think we could have done it without them. As a founder/CEO who was looking for a partner for the first time I was very grateful for the time, effort and patience the entire team provided in the preparation, execution and negotiation of our deal,” further remarked Tony. “We ended by securing a great financial outcome with a dream partner, all we had hoped for and more. Their judgement and counsel were second to none.”
“We are truly thrilled to have advised Tony and the Nationwide Legal team on this game-changing transaction,” said Jim Freedman and Jeff Becker, Managing Directors at Intrepid. “Nationwide Legal has built a truly differentiated and rapidly growing platform, and we are excited to see what it will do together with CIVC to create the leading firm in the industry. This was also a significant transaction for Intrepid in the very active legal services sector, and another meaningful deal for our professional services practice.”