Abry Partners, private equity investment firm, has acquired Best Lawyers, a peer-review ranking service in the global legal community, from Levine Leichtman Capital Partners.

Best Lawyer’s print and digital publications reach nearly 20 million readers delivering reliable and unbiased source of legal referrals. The firm itself has additionally received positive feedback from both users and peer-reviewed surveys.

“We are grateful for Levine Leichtman’s support and guidance over the past three years and are excited to work with new partners who understand and appreciate our core values,” added Phillip Greer, Best Lawyers CEO. “Abry is one of the most experienced private equity firms within media and information services and was the best fit to help support our vision for continued innovation and growth.”

“Best Lawyers represents an ideal investment for Abry,” stated Nick Scola, partner at Abry. “Phil and his team have built an amazing company with an industry-leading brand and reputation as the most reliable, unbiased source of legal referrals anywhere.”

Citizens Capital Markets, Inc. acted as the exclusive financial advisor to Best Lawyers and Levine Leichtman Capital Partners for this transaction. Best Lawyers’ legal advisor was Honigman LLP and Abry was advised by Kirkland & Ellis LLP.