Odyssey Investment Partners LLC, a middle-market private equity firm, has bought Magna Legal Services, a litigation support services provider, from CIVC Partners LP.
Headquartered in Philadelphia, Magna provides litigation support services to over 13,000 law firms, corporations, insurance carriers and government agencies. The company offers support to its clients throughout the litigation process, including court reporting, translation, videography, records retrieval, jury evaluation and consulting, graphic design and trial presentation services.
“We view Magna as an exceptional business to build a unique legal services platform, and we look forward to partnering with this experienced leadership team to help them achieve their growth ambitions,” says Jeff Moffett, managing principal at Odyssey.
Houlihan Lokey served as financial advisor and Latham & Watkins LLP served as legal counsel to Odyssey. Harris Williams LLC served as financial advisor and Ropes & Gray LLP served as legal counsel to Magna.