Houlihan Lokey Advises Firearms Legal Protection

Houlihan Lokey is pleased to announce that Firearms Legal Protection (FLP), a leading provider of prepaid legal and insurance services to the firearm-owner community, has been acquired by Cedar Springs Capital (CSC), a Dallas-based private equity firm.

Founded in 2014 and based in Addison, Texas, FLP is a leading provider of an affinity, subscription-based product designed to provide high-quality legal protection for firearm-owner members. FLP provides memberships to a wide range of customers in exchange for legal representation and support in the event of a lawful self-defense incident. FLP’s product is distributed through partnerships with local instructors as well as national players in the licensing/training space, complemented by a growing presence in online channels.

CSC focuses on unlocking long-term value by investing in middle-market, lower-middle-market, and growth-stage companies. CSC primarily invests via secondary transactions—including GP-led secondaries and secondary directs—as well as direct minority and co-investments, typically alongside experienced ownership groups with deep familiarity with their companies.

Houlihan Lokey acted as exclusive financial advisor to FLP.

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