Sandler O`Neill + Partners and Waller Helms Advisors acted as financial advisor to Relation and Kirkland & Ellis LLP acted as legal advisor in connection with this transaction. Willkie Farr & Gallagher LLP acted as legal counsel to Aquiline. “I see legal technology as being at the dawn between automation and prediction,” he said, which means the technology`s ability to handle the administrative burden of running a business by providing businesses with information they can rely on, from profitability assessments to pricing plans to resource allocation. ABC Legal is backed by Aquiline Capital Partners, a New York-based investment firm that provides private capital to innovative financial services and technology companies. Aquiline is looking for teams that have cracked complex end markets, entrepreneurs who have commercialized their expertise and companies that are indispensable to their customers. For more information about Aquiline, its investment professionals and holding companies, please visit: www.aquiline.com. While most of Aquiline`s investments are in financial and financial services, it invests in another legal company, ABC Legal, which specializes in litigation technology services, e-filing, jump tracing and other legal services. ABC Legal Services, LLC is the nation`s leading litigation and court records provider, as well as the official contractor for the U.S. Central Department of Justice. ABC Legal provides litigation services in all 50 states and 77 countries.
To learn more about ABC Legal, please visit: www.abclegal.com. During his 14 years as Chief Operating Officer at ABC Legal, Dinehart helped set new standards of performance and quality for clients, process servers and employees in the legal services industry. Prior to ABC Legal, Dinehart earned his MBA from the American Graduate School of International Management in the Fortune 500 companies IBM, Whole Foods Markets and Level 3 Communications. Founded in 2005, Aquiline Capital Partners is a Private Equity firm based in New York and London that invests in financial services companies in the areas of banking and lending, insurance, investment management, and financial technology and services. For more information about Aquiline, its investment professionals and holding companies, please visit: www.aquiline.com. “We look forward to partnering with SurePoint, where our experience investing in vertical software, legal services and payment processing will help the company continue to provide innovative solutions to its customers.” ABC Legal is a provider of electronic filing services. It allows users to import cabinets and data into the dispute management application, upload data, archive documents, and predict service probabilities. It allows users to download data related to the legal case and manage notifications in real time. It helps users track legal affairs and business-related documents. It offers a subscription pricing model. His clients include Federated Law, SUTTELL&HAMMER, LLOYD&McDaniel.
Operator of a technology-based legal logistics and document management platform focused on the service of legal processes. The company offers a full suite of solutions ranging from e-filing to processing service, jump tracking, location selection and appearance consulting, offering faster, simpler and more reliable solutions for lawyers. Related Cos.ABC Legal, PacerPro, JUDY Innovative Technologies, Green Filing, Connecticuttaxfilings.info & 8 other Century Equity Partners, LLC (“Century”) is a Boston-based private equity firm that provides growth and buyout capital to lower-mid-level companies. Century focuses on investing in companies that provide outsourced services, distribution and technology solutions to companies operating in the insurance, financial services and healthcare sectors. For more information, see www.cepfunds.com. [Seattle, WA, 18. November 2021] – ABC Legal Services, LLC, the nation`s largest litigation services provider, today announced that Timothy Dinehart has been appointed Chief Executive Officer. Dinehart replaces Steve Carrigan, the longtime CEO, who will change positions to support the organization in a new role as Chief Process Server. This information is available on the PitchBook platform. To explore ABC Legal Services` full profile, request access.
Parthenon Capital Partners is a leading mid-market private equity firm with offices in Boston, San Francisco and Austin. Parthenon leverages niche industry expertise and a deep execution team to invest in growing companies in the service and technology sectors. Parthenon strives to be an active and aligned partner of management, either through recapitalization operations or by supporting new leaders. Parthenon has particular expertise in financial and insurance services, healthcare and business services, but is looking for any service, technology or delivery company with a strong value proposition and exclusive know-how. For more information, see www.parthenoncapitalpartners.com. “When I talk about going to prediction, I`m saying that the law firm`s own data needs to speak to its lawyers in a more powerful and useful way than they do now,” he said. Since then, he said, the company has been transformed by four major initiatives: In a statement from the company, Jeff Greenberg, president and CEO of Aquiline, said, “Tom and the surePoint team have built a strong company that is well equipped to manage more transparent business processes and enable law firms to improve their performance and operate more efficiently. Ed Page, President and Chief Operating Officer of Relation, added: “This transaction represents a validation of the value we have built at a key moment in the company`s development. Aquiline will provide us with the strategic, financial and operational capabilities we need to scale our business by evolving our infrastructure, creating innovative product offerings, improving customer service and expanding our presence nationwide. We look forward to the endless possibilities that lie ahead. The company will also consider strategic acquisitions, especially if it has decided to expand internationally, he said.
The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the first half of 2019. It was agreed not to disclose the financial terms. Relation Insurance Services is an insurance broker that provides superior risk management and performance consulting services through its family of brands in the United States. It is ranked among the 40 largest agencies in the country in terms of revenue by Insurance Journal and has nearly 500 employees in more than 30 locations across the country. Relation expects to continue its strong growth through new acquisitions and organic growth. For more information about Relationship, see www.relationinsurance.com. Existing investor ParkerGale, which acquired a majority stake in the company in 2018, will take over a portion of its stake and retain the minority stake. He credited the original investor ParkerGale with leading the company from an early stage of growth to a now mature and evolving phase. With this scalability, he said, Aquiline can now help the company achieve a more explosive level of growth. SurePoint is poised to adopt two predictive models, one for pricing and the other for profitability, and more are still pending.
When it comes to building its customer base, SurePoint will continue to focus on the U.S. Market, as well as Canada, where he has several clients. SurePoint`s clients are primarily mid-sized U.S. law firms ranging from 20 to 300 lawyers, some being much larger law firms and some law firms as small as five lawyers. Aquiline Capital Partners:Brunswick GroupAlex Yankus / Harry Mayfield212-333-3810AQUILINE@brunswickgroup.com. In an interview yesterday, CEO Obermaier described Aquiline as a company that specializes in helping companies grow exponentially. “They are transforming strong, scalable real estate into industry powerhouses.” It was founded as a sister company of an accounting firm of the same name in Cincinnati. Co-founder George Kingston led it until 2018, when ParkerGale acquired a majority stake.
PitchBook`s non-financial metrics help you measure a company`s traction and growth using web presence and social reach. “Our relationship insurance services team has worked hard to build a company with an excellent reputation as one of the best independent insurance brokers in the country,” said Joe Tatum, CEO of Relation Insurance Services. “Our goal is to continue to generate strong organic growth in addition to strategic acquisitions, supported by Aquiline`s strong commitment to our mission and value proposition. We look forward to working with them to further expand our portfolio, increase our geographic reach and further expand our relationships with our clients. “Tim shows a strong blend of personal humility and an indomitable desire to see ABC Legal take amazing new initiatives,” said Steve Carrigan, outgoing CEO. “His ambition to lead with the best talent and ideas from outside traditional approaches positions ABC Legal as a power under his leadership.” “To have won this opportunity to lead ABC Legal and its thousands of clients, partners and employees is an honor,” said Tim Dinehart. “This industry is still fragmented and supported by outdated technology. We have already developed the best platform in its class. We will now focus on modern solutions to move forward. You`ll see how this translates into real-time metrics compared to our competitors. » Relationship Assurance Services: Alicia Nieva-Woodgate, ANW Networks | +1 720 808 0086 | alicia@anwnetworks.comEmily F. Porro, | ANW networks + 1 347 346 3663 | emily@anwnetworks.com Since its inception in 2007, Relation has built on its strengths in specialized industries such as agribusiness, education, social services, public institutions, transportation, and non-profit organizations.