Legal Benchmarking Group Acquired by Triple Private Equity
Deal News | Apr 29, 2025 | Triple Private Equity
Triple Private Equity has signed an agreement to acquire Legal Benchmarking Group from Delinian. Legal Benchmarking Group, a global provider of legal data and insights, is known for its rigorous law firm rankings through its brands IFLR, Benchmark Litigation, ITR and ManagingIP. This acquisition marks Triple's second investment using its inaugural fund, focusing on B2B software and data, particularly in Financial Infrastructure and Risk and Compliance. The deal is sourced off-market, with Triple and Delinian partnering to carve out the business on a standalone basis. Mads Hansen, Managing and Founding Partner at Triple, expressed enthusiasm for the acquisition, highlighting LBG's alignment with Triple's investment criteria. Ben Shepherd, also a Founding Partner at Triple, sees a strong potential for growth in LBG, valuing its addition to their portfolio. Tom St Denis, MD at LBG, looks forward to the strategic partnership and the upcoming growth facilitated by Triple’s investment. The transaction is anticipated to close by May 2025.
Sectors
- Private Equity
- Legal Services
- Financial Infrastructure
- Risk and Compliance
Geography
- Global – Legal Benchmarking Group operates globally, providing data and insights internationally to law firms.
Industry
- Private Equity – The article discusses an acquisition made by Triple Private Equity, a firm specialized in investments, particularly B2B software and data.
- Legal Services – Legal Benchmarking Group provides legal data and insights, including law firm rankings, which are crucial for law firms globally.
- Financial Infrastructure – The acquisition is part of Triple's strategy to invest in financial infrastructure, as indicated by their investment focus and fund criteria.
- Risk and Compliance – The investment in LBG aligns with Triple's broader focus on risk and compliance solutions in their portfolio.
Financials
- Not disclosed – The financial details of the acquisition, including deal price or transaction value, have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Triple Private Equity | Acquirer | Company | A private equity firm focused on mission-critical B2B software and data investments. |
| Legal Benchmarking Group | Target Company | Company | A global provider of legal data and insights, known for law firm rankings and data through brands like IFLR. |
| Delinian | Vendor | Company | Current owner of Legal Benchmarking Group, partnering with Triple to carve out the business. |
| Mads Hansen | Head of Investments and Managing & Founding Partner | Person | A partner at Triple Private Equity, involved in the acquisition of Legal Benchmarking Group. |
| Ben Shepherd | Head of Value Creation & Founding Partner | Person | A partner at Triple Private Equity, emphasizing hands-on value creation for LBG. |
| Tom St Denis | Managing Director | Person | MD at Legal Benchmarking Group, anticipates strategic growth with Triple's investment. |