Robert Ambrogi Blog
There is a new CEO at online legal services provider LegalZoom. John Suh, who has been CEO since 2007 and on the company’s board since 2005, is moving to a position as senior advisor. Succeeding him is Daniel Wernikoff, who comes to LegalZoom after 15 years at Intuit, where he oversaw consumer and…
LegalZoom Zooms Into $500 Million Secondary Investment
The legal services company LegalZoom today announced a $500 million secondary investment led by Francisco Partners and GPI Capital, with Franklin Templeton Investments and Neuberger Berman Investment Advisers also participating.
Existing investors will retain meaningful stakes in the company, the announcement said. Global private equity firm Permira will remain the largest shareholder. Bryant…