Transaction

Clearwater advises MBL Seminars on its sale to Law Business Research

Transaction

MBL Seminars on its sale to Law Business Research backed by Levine Leichtman Capital Partners

Sell-side

Undisclosed

Role

Adviser to MBL Seminars on its sale to Levine Leichtman Capital Partners backed Law Business Research

Sector

Business Services

Region

United Kingdom

Clearwater has advised the shareholders of MBL Seminars (MBL), a market-leading provider of CPD and learning solutions to the professional services sector, on its sale to Levine Leichtman Capital Partners (LLCP) backed, Law Business Research (LBR), a global technology-enabled information services business.

MBL’s heritage in legal training has provided a platform to expand into the broader professional services sector, where its close ties with a network of over 500 expert speakers allow the delivery of over 9,000 course topics. MBL successfully pivoted to a predominantly online and on-demand delivery model during the pandemic, building a successful subscription platform in the process.

The combination of MBL’s extensive online library with LBR’s engaged audience and client base will allow LBR to extend its reach within legal and adjacent professional services. The combined product suite is highly complementary and presents multiple opportunities for improved client engagement, commercial growth and geographic expansion.

Advising MBL is the latest deal in the education and training sector for Clearwater, having advised on deals such as Apiary Capital on its investment in First Intuition, The Institute of Education on its sale to Dukes Education, and Synova on its investment in Learnlight.

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We couldn't have asked for a better team than Clearwater. They were with us every step of the way, providing first class advice and guidance. Their professionalism was unbeatable, they are a pleasure to deal with and we wouldn't hesitate to recommend them to anyone.

Morgan Rigby, Founder, MBL Seminars
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MBL has an excellent reputation in the market, with high-quality products and deep relationships with clients and subject matter experts. Morgan Rigby and his team have built an impressive business, and we look forward to this next phase of their growth trajectory.

Nick Brailey, CEO, Law Business Research

Morgan, Angela and the team have built an exceptional business in MBL, which has developed into a true market leader, and we are delighted to have supported them in finding the right strategic partner. The combination of LBR and MBL will create a compelling proposition and we look forward to seeing it go from strength to strength.

Rob Burden, Partner and Head of Business Services at Clearwater

Advisers

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