Knox Capital adds to legal technology investment portfolio
Knox Capital, a private equity firm with significant assets in the legal and financial technology space, has made an investment in, and relaunched, bundle, a provider of legal real estate documents formerly known as ANADeeds.
Knox Capital completed its equity investment in bundle in late 2020, and since closing has helped lead a technology expansion and a rebranding of the organisation with a more modern, growth-focused identity. The more elastic identity and expanded service offerings better position the company to seize on significant growth opportunities in the coming 24-months as millions of homeowners buy, refinance, and exit Covid-related forbearances and moratoriums in what is one of the busiest and most complex real estate markets in recent history.
Knox’s strategy has actively leveraged the existing team at bundle, including founder Frank Dec, Esq., now Chief Legal Officer; Business Development Director Shawn O’Brien; and Director of Production Michael Alterio.
“We’re excited to partner with Frank and his team in establishing a new foundation for the next phase of bundle’s growth,” says Alex Gregor with Knox Capital. “The real estate and mortgage marketplace is going through a transformation from analog to digital, and we feel we can capitalise on that with bundle.”
The investment and repositioning of bundle complements other legal and financial technology assets in the Knox Capital portfolio, including interests in major loan servicing platforms, case management systems, invoicing, billing, claims filing, e-notary, and now real estate legal documents.