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LegalZoom Sells $500M Secondary Stake To Private Equity Investors

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Glendale-based LegalZoom , which provides legal services and documents for the small business and family market, announced on Tuesday that it has sold a $500M secondary stake in the company to a set of private equity investors. The secondary stock sale reportedly values LegalZoom at more than $2 billion. READ MORE>>.

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LegalZoom Expands Board

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Glendale-based LegalZoom , the provider of legal documents and products, has named a new member of its board of directors. According to LegalZoom, it has named Christine Wang to its board of directors. Wang is at private equity investor Francisco Partners. Wang previously was also at Advent International, and also served at J.P.

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Permira Completes $200M LegalZoom Buy

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The deal by private equity firm Permira to acquire the majority stake in Glendale-based egalZoom is now complete, according to Permira. Permira said Friday afternoon that it successfully completed its acquisition of more than $200M of the outstanding equity of LegalZoom, giving it a majority stake of the legal document and services company.

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LegalZoom Sells $200M In Majority Stake To Permira

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Glendale-based online legal documents provider LegalZoom has sold $200M in equity to private equity firm Permira Funds, in a secondary stock purchase deal, the companies said this morning. According to LegalZoom, the new funding will go towards its launch of new products and services. READ MORE>>.

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LegalZoom Officially Drops IPO Bid

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Glendale-based LegalZoom has officially dropped its IPO bid, saying in a regulatory filing that it has withdrawn its S-1 filing for an IPO, which had originally been filed in May of 2012. LegalZoom said the move came because it does not intend to pursue the contemplated public offering at this time. READ MORE>>.

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LegalZoom Finds Funding From TCV, Adds New Board Member

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Glendale-based LegalZoom , the online legal filing site which focuses on small businesses and families, has named David Yuan, a General Partner at Technology Crossover Ventures (TCV) to its board of directors. According to LegalZoom, the addition comes as part of an investment by TCV in LegalZoom. READ MORE>>.

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LegalZoom Names Marketing Chief

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Glendale-based LegalZoom has appointed a new head of marketing, the company said this morning. LegalZoom said it has appointed Laura Goldberg as Chief Marketing Officer, to lead overall strategy and direction of the company, and lead the company''s marketing and product teams. legalzoom executive marketing' READ MORE>>.

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