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Legal Education Provider Barbri Closes Acquisition of The Center for Legal Studies
Friday 14 June 2019

14 June 2019 - US-based legal education provider Barbri, Inc., a Leeds Equity Partners, LLC portfolio company, has acquired The Center for Legal Studies, the provider of online programmes and training courses for paralegals and other legal support professionals, the company said.
Founded in 1980, CLS has trained over 75,000 paralegal and legal support professionals through online and live legal studies courses delivered in partnership with 182 colleges and universities.
CLS represents the seventh acquisition since Leeds Equity's investment for Barbri, the premier provider of practical legal education in the US and international markets.
Terms of the transaction were not disclosed.
Barbri is a provider of practical legal education in the US and international markets.
Through its diversified product offering, Barbri addresses the education and training needs of law students, law schools, practicing legal and legal support professionals and law firms.
Barbri's solution offering spans the entire legal education lifecycle. Barbri offers Bar Review with preparation programmes for incoming law school students, curriculum and online courses for colleges, universities and law schools, a suite of professional development tools for practicing legal and legal support professionals and content and education programmes for international students and institutions.
Founded in 1967, Barbri is headquartered in Dallas with offices throughout the United States and around the world.
CLS, founded in 1980, is an educator of paralegals in the US, offering online and live legal studies courses in partnership with 182 colleges and universities.
CLS's portfolio offers both certificate courses and continuing education courses, including among others, a Paralegal certificate, Advance Paralegal certificate, Employment Law certificate, Legal Investigation certificate, Legal secretary certificate, Victim Advocacy certificate and Alternative Dispute Resolution certificate.
Leeds Equity Partners is a New York-based private equity firm focused exclusively on investing in the education, training and information services industries.
Polsinelli served as legal counsel to Barbri. Capstone served as financial advisor and Kaplan and Associates served as legal counsel to CLS.
Details
Date Published: 14/06/2019
Target: The Center for Legal Studies
Country: USA
Sector: Business and Consumer Services
Type: LBO
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: Barbri, Inc
Buyer Advisor: Polsinelli
Comment:
Terms of the deal were not disclosed

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