Travers Smith Advises on Investec's Financing for Triple's Acquisition of Legal Benchmarking
Deal News | Jun 06, 2025 | Travers Smith LLP
Travers Smith LLP played a pivotal role in advising Investec Direct Lending on the financing aspect of Triple Private Equity's acquisition of Legal Benchmarking Group. Legal Benchmarking is renowned for providing essential data and insights tailored for law firms on a global scale. This acquisition through Triple's inaugural Fund I, marks their second investment, reinforcing Triple’s focus on businesses specializing in B2B software and data solutions pertinent to Financial Infrastructure and Governance, Risk and Compliance sectors. The team from Travers Smith, led by Finance Partner Will Sheridan along with Senior Associates and Associates, ensured the deal's financial structuring was robust and strategic, reinforcing Investec's crucial role in Triple's strategic expansions.
Sectors
- Private Equity
- Legal Services
- Financial Services
Geography
- United Kingdom – Travers Smith LLP and Investec are based in the UK, indicating the geographical base of the key participants.
- Global – Legal Benchmarking Group serves law firms worldwide, highlighting its global operational reach and relevance.
Industry
- Private Equity – The article discusses the acquisition involving Triple Private Equity, indicating its role in growth-focused investment activities.
- Legal Services – Legal Benchmarking Group provides data and insights for law firms, making this sector relevant to their operations.
- Financial Services – Investec Direct Lending's involvement in the financing highlights the importance of financial services in this transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Travers Smith LLP | Legal Advisor | Company | A law firm providing legal advisory services, specifically on the financing aspect of the acquisition. |
| Investec Direct Lending | Financing Provider | Company | A financial institution providing the necessary funds for the acquisition. |
| Triple Private Equity | Acquirer | Company | The private equity firm acquiring Legal Benchmarking Group as part of its investment strategy. |
| Legal Benchmarking Group | Target Company | Company | A provider of data and insights specifically tailored for law firms globally. |
| Will Sheridan | Finance Partner | Person | The lead partner from Travers Smith LLP responsible for the advisory role in the transaction. |