Law Business Research (“LBR”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has acquired MBL Seminars Limited (“MBL”). Headquartered in London with offices throughout the United States and in Hong Kong, LBR is a leading provider of business information, legal analysis tools and networking for global legal markets.
Founded in 2003 and headquartered in Manchester, United Kingdom, MBL is the leading provider of compliance-led learning and development solutions for professional services firms. Leveraging a pool of over 500 experts, MBL offers a suite of more than 9,000 courses covering legal and accounting topics delivered through both e-learning and in-person training modalities. MBL has a high-quality customer base of more than 6,900 firms, including nearly all of the UK’s top legal practices.
This represents LBR’s fourth acquisition under LLCP’s ownership. Previous acquisitions include Globe Business Media Group in 2018, Docket Navigator in 2021 and Legal Monitor in 2022.
Nick Brailey, CEO of LBR, commented, “MBL has an excellent reputation in the market, with high-quality products and deep relationships with clients and subject matter experts. The team has built an impressive business, and we look forward to this next phase of their growth trajectory.”
Andrew Alexander, Managing Director at LLCP, added, “We are pleased to support this acquisition, which reflects our commitment to LBR’s growth plan. The addition of MBL bolsters LBR’s product portfolio while reinforcing its mission of informing and connecting the global legal community. We look forward to our continued partnership with Nick and the entire LBR management team.”
LBR is a portfolio company of Levine Leichtman Capital Partners VI, L.P.
LLCP was advised by Willkie Farr & Gallagher LLP and Kirkland & Ellis LLP.