The Next Roll-Up Target: Law Firms?
With MSO structures sidestepping regulatory limits, private equity is eyeing a $400 billion market ripe for consolidation.
When it comes to the future of M&A in middle-market legal services, Houlihan Lokey’s Chin Pandya sees huge potential for law firm roll-ups that would work around longstanding prohibitions against investments from private equity firms.
That’s because the acquisition of Dudley DeBosier Injury Lawyers by Orion Legal MSO doesn’t actually involve a law firm buyer in the strict sense.