Consello Capital, a private equity arm of the Consello Group, has acquired a majority stake in ProSearch Strategies, a provider of tech-enabled legal services to enterprise customers.
ProSearch helps enterprises navigate and resolve litigation, regulatory and privacy matters. The company’s suite of products and services are designed to support the in-house legal teams of large companies, delivering efficiency, speed and cost-savings. The transaction marks the first investment for Consello Capital.
“We look forward to working closely with the ProSearch team to help them continue to deliver industry-leading products and services, expand their technology offerings and further add to their blue-chip roster of customers,” says Peter Morrow, managing partner of Consello Capital.
Guggenheim Partners LLC acted as financial advisor to ProSearch, while Buchalter provided legal advice to the company on the transaction. Kirkland & Ellis advised Consello Capital.