Breaking Legal News & Current Law Headlines | Daily Legal Briefing
  • Home
  • Hot Topics
  • Breaking
  • Business
  • Big Law
  • Small Law
  • Law School
  • Legal Tech
No Result
View All Result
No Result
View All Result
Breaking Legal News & Current Law Headlines | Daily Legal Briefing
No Result
View All Result
Home Legal Tech

Private Equity Firm Acquires Majority Interest in Global Legal Research Platform vLex

Daily Legal Briefing by Daily Legal Briefing
September 7, 2022
in Legal Tech
0
Private Equity Firm Acquires Majority Interest in Global Legal Research Platform vLex
4
SHARES
32
VIEWS
Share on FacebookShare on Twitter


Oakley Capital, a major European private equity investor, has acquired majority ownership of vLex, the international legal research platform.

The investment means that vLex will now have more resources available to drive its growth, including in the United States, and potentially to make acquisitions of other companies that will further that growth, a company spokesperson said.

vLex is unique among legal research services for its breadth of international coverage. It provides access to comprehensive primary and secondary law collections from more than 100 countries.

The company says it collection of case law, legislation, journals and dockets serves over 2 million users across Europe, Africa, Asia, Oceania, the Caribbean, and the Americas.

Its platform includes Vincent, an AI-powered legal research assistant that analyzes legal documents that users upload and finds relevant search results. It works in both English and Spanish.

See: Vincent Joins CARA, EVA and Clerk as the Latest AI-Driven Research Assistant.

Founded in Spain in 1998 by brothers Lluis and Angel Faus, it now has headquarters in London, Miami and Barcelona.

vLex says that it is profitable and has consistently generated double-digit revenue growth in recent years.

“Oakley has a strong track record of helping successful, tech-enabled businesses grow, through internationalization, product optimization and buy-and-build, both in Spain and abroad,” said cofounder Lluis Faus, who is the company’s CEO. “We  particularly liked their entrepreneurial ethos and heritage, and look forward to working with the Oakley team as we deliver on our strategic objectives for vLex.”

Oakley says this investment will help vLex’s management accelerate their strategic goal of building a cost-effective leader in the fragmented market for legal research, through organic growth and M&A.

“vLex has all the hallmarks of an Oakley deal: a fast-growing, disruptive business model in a niche sector, led by ambitious business founders,” said Peter Dubens, Oakley founder and managing partner. “We look forward to partnering with Lluis and Angel to help them build a successful product in the global market for legal information.”

In 2019, vLex acquired Justis Publishing Ltd., a 33-year-old UK legal publisher with clients in more than 40 countries including the UK, Ireland, the United States, Canada, the Caribbean, Hong Kong, Singapore, Australia, and New Zealand.

Earlier this year, vLex launched a Global News product, providing daily updates  and coverage across the Americas, the Caribbean, the U.K., Europe, the Middle East, Africa, and Asia.



Click to Read Original Article

Previous Post

Why Does It Make Sense to Choose a Coworking Franchise?

Next Post

Writing The Book On Business: Elon Musk Has Had Enough Legal Troubles That This Law School Is Teaching A Class On Them

Daily Legal Briefing

Daily Legal Briefing

The latest breaking legal news from across World all in one place.

Related Posts

3 Lawyers Weigh In With Their Top TikTok Marketing Tips
Legal Tech

Yes, The US Government Threatening To Block TikTok Violates The 1st Amendment

by Daily Legal Briefing
March 17, 2023
Applying AI To Legal Recruiting: New Tools For Efficiently Matching Firms And Candidates
Legal Tech

Applying AI To Legal Recruiting: New Tools For Efficiently Matching Firms And Candidates

by Daily Legal Briefing
March 17, 2023
On LawNext Podcast: As He Steps Down As Dean, Gordon Smith Reflects On His Mission To Make BYU Law ‘One Of The Most Innovative Law Schools in the Country’
Legal Tech

On LawNext Podcast: As He Steps Down As Dean, Gordon Smith Reflects On His Mission To Make BYU Law ‘One Of The Most Innovative Law Schools in the Country’

by Daily Legal Briefing
March 17, 2023
Other Shoe Drops As Bar Exam Cheating Confession Sparks Investigation
Legal Tech

New GPT-4 Passes All Sections Of The Uniform Bar Exam. Maybe This Will Finally Kill The Bar Exam.

by Daily Legal Briefing
March 15, 2023
Getting An Instant Overview Of Unfamiliar Law
Legal Tech

Getting An Instant Overview Of Unfamiliar Law

by Daily Legal Briefing
March 14, 2023
Next Post
Elon Musk’s Legal Filings Against Twitter Show How Little He Actually Cares About Free Speech

Writing The Book On Business: Elon Musk Has Had Enough Legal Troubles That This Law School Is Teaching A Class On Them

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Lawyer who led Human Rights Campaign sues for alleged racial discrimination

Lawyer who led Human Rights Campaign sues for alleged racial discrimination

February 4, 2022
Fired K&L Gates partner is charged with cyberstalking former colleagues

Fired K&L Gates partner is charged with cyberstalking former colleagues

November 24, 2021
How Can an Alaska Sexual Harassment Lawyer Help You?

How Can an Alaska Sexual Harassment Lawyer Help You?

November 23, 2021

Browse by Category

  • Big Law
  • Breaking
  • Business
  • Hot Topics
  • Law School
  • Legal Tech
  • Small Law

About US

Breaking Legal News & Current Law Headlines | Daily Legal Briefing.
Online coverage of breaking legal news and current law headlines from around the US. Top stories, videos, insight, and in-depth analysis.

Categories

  • Big Law
  • Breaking
  • Business
  • Hot Topics
  • Law School
  • Legal Tech
  • Small Law

Recent Updates

  • Cloud Computing Can Give Your Business a Much-Needed Boost
  • Top Reasons for Shippers to Consider Intermodal Transportation
  • Your Website’s Choice Of Color Matters

© 2021 Daily Legal Briefing | Breaking Legal News & Current Law Headlines

No Result
View All Result
  • Contact Us
  • Home

© 2021 Daily Legal Briefing | Breaking Legal News & Current Law Headlines

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?