Cooley Advises LegalZoom on its Equity Acquisition by Permira

Los Angeles, Calif. – February 24, 2014 – Cooley LLP announced today that it advised LegalZoom.com, the nation's leading provider of online legal solutions for small businesses and families, in its equity acquisition by The Permira Funds. Permira acquired more than $200 million of outstanding equity of LegalZoom through a tender offer of secondary securities.

LegalZoom's management team will remain in place and its largest shareholders, which include Polaris Venture Partners, Institutional Venture Partners and Kleiner Perkins Caufield & Byers, will retain equity in LegalZoom.

The Cooley transaction team was led by corporate and securities partner Tom Hopkins (partner-in-charge of Cooley's Los Angeles office), and included partners Ian Smith (corporate and securities), Renee Deming (compensation and benefits), Francis Fryscak (antitrust) and Jeremy Naylor (tax), with associates Melika Martin, Sara Dale, Aaron Binstock, Nicole Miller and Katherine Decker-Sadowski.

About Cooley LLP

Cooley's attorneys solve legal issues for entrepreneurs, investors and established companies. Clients partner with Cooley on transformative deals, complex IP and regulatory matters and bet-the-company litigation, often where innovation meets the law.

Cooley has more than 750 lawyers across eleven offices in the United States and China.

Related Contacts
Renee Deming Retired Partner, Palo Alto
Aaron Binstock Partner, Washington, DC
C. Thomas Hopkins Partner in Charge - Los Angeles
Melika Adams Associate, Los Angeles