Clearview makes platform investment in legal and compliance specialist Capitol Services

Clearview Capital Fund IV, and its affiliates and Clearview Capital Fund V, and its affiliates have made a new platform investment in Capitol Services, a tech-enabled provider of outsourced legal and compliance services, in partnership with the company’s founders and management. 

Clearview Capital Fund IV, and its affiliates (Fund IV) and Clearview Capital Fund V, and its affiliates (Fund V) have made a new platform investment in Capitol Services, a tech-enabled provider of outsourced legal and compliance services, in partnership with the company’s founders and management. 

Founded in 1978, Capitol Services’ offering includes registered agent, corporate and lien search and filing and other services, primarily to law firms and corporate clients.

Capitol Services is headquartered in Austin, Texas with additional client service centers in California, Delaware, Florida, Louisiana, Nevada and New York.

The transaction provided an opportunity for the company’s founders, John Robinson and Cheryl Roberts, to retire and transition leadership of the business to the senior management team, led by Kevin Roberts and Jody Roberts, who have managed the day-to-day operations for nearly a decade. The founders will continue to maintain a minority stake in the business and remain in advisory roles.

The transaction was structured as a cross-fund investment by Fund IV and Fund V. Capitol Services represents the eleventh platform investment in Fund IV, a $550 million committed fund raised in 2018, and the first in Fund V, an $850 million committed fund raised in 2022.