Francisco Partners, a global investment firm that specialises in partnering with technology businesses, is to acquire BARBRI Inc (BARBRI) from Leeds Equity Partners (Leeds Equity). Terms of the transaction have not been announced.
BARBRI is specialist in technology-enabled legal education, offering a comprehensive product suite across the complete legal education lifecycle. For decades, BARBRI has helped tens of thousands of test takers each year prepare for and pass the Bar exam. More recently, BARBRI has leveraged its technology platform to develop test preparation offerings in the UK with the SQE, in professional education with Paralegal and eDiscovery certification, and in legal education with pre-law bootcamps and online JD courseware.
“We are thrilled to be partnering with Francisco Partners during BARBRI’s next stage of growth as we look to build upon our strong franchise within legal education and continue to execute on the significant growth opportunities ahead,” says Steve Fredette, CEO of BARBRI.
Source: Private Equity Wire
