Inflexion has completed the buyout of Chambers and Partners (Chambers), a provider of legal rankings.
Founded in 1990, Chambers ranks over 80,000 lawyers and law firms by practice area in almost 200 jurisdictions. The rankings are relied upon by corporates when selecting their legal advisers and by law firms and individual lawyers to support their business marketing activities. The specialised research and analysis that Chambers undertakes is recognised for its methodological rigour and is trusted by the legal profession globally.
The business is well placed to benefit from the continuing growth of the legal services market and rising business development demand. Following the investment, Inflexion will partner with management to continue Chambers’ global expansion, strengthen its digital presence and launch new products.
Simon Turner, Managing Partner of Inflexion, says: “The legal services market is a large and growing market which we have tracked for a number of years. Chambers benefits from a leading, global position and a reputation for providing the best rankings and research in the industry. There are multiple opportunities for the business to develop its market leading position internationally and through an enhanced digital offering. We look forward to working with the management team as Chambers embarks on this exciting growth strategy.”
Mark Wyatt, Chief Executive Officer, says: “Chambers is a great business with a superb team. Their unique and trusted research approach combined with cutting edge analysis makes Chambers’s data indispensable. Inflexion is the perfect partner to support the business and our team on the next stage of our journey. Inflexion’s international presence is well suited to our expansion plans, particularly with their Asia and US experience. Additionally, their digital focus will be invaluable as we drive our online presence forward.”
As part of the transaction, Mark Wyatt will re-join Chambers as Chief Executive Officer and Steve Halbert, current Chairman of Alcumus, an Inflexion portfolio company, and former head of UK M&A at KPMG, will become Chairman. The Inflexion deal team comprised Mark Williams, Chloe Holding, Tom Green and Richard Swann.
The investment was made by funds advised by Inflexion.
