Ropes & Gray Represents Magna Legal Services and CIVC Partners in Sale to Odyssey Investment Partners
Ropes & Gray represented Magna Legal Services and CIVC Partners in the sale of Magna, a litigation support services provider, to Odyssey Investment Partners. Terms of the transaction were not disclosed. The transaction was announced on Oct. 19 in a press release and is expected to close in the fourth quarter.
Magna is a leading provider of litigation support services to over 13,000 law firms, corporations, insurance carriers, and government agencies. With a national footprint serving clients in all 50 states, Magna provides critical support services to clients through the litigation process, including court reporting, translation, videography, records retrieval, jury evaluation and consulting, graphic design, and trial presentation services.
CIVC Partners is a Chicago-based private equity firm established in 1970 to provide growth capital to entrepreneurs and founders. Since 1989, CIVC has invested over $2 billion in 76 platforms along with founders and executives in middle market companies.
The Ropes & Gray team was led by private equity partner Matthew Richards, and included tax partner Aaron Harsh, benefits partner Matt Jones, labor and employment partner Megan Bisk, health care partner Jennifer Romig, IP transactions partner Edward Black, leveraged finance partner Alexander Zeltser, antitrust partner Samer Musallam, and litigation & enforcement partner Nick Berg.