Houlihan Lokey Advises Odyssey Investment Partners

Houlihan Lokey is pleased to announce that Odyssey Investment Partners, LLC (Odyssey) has acquired Magna Legal Services (Magna), a litigation support services provider, from CIVC Partners, LP (CIVC). The transaction closed on November 30, 2022.

Magna provides litigation support services to more than 13,000 law firms, corporations, insurance carriers, and government agencies. The company provides critical support to its clients throughout the litigation process, including court reporting, translation, videography, records retrieval, jury evaluation and consulting, graphic design, and trial presentation services. Magna was founded in 2007 and has established itself as one of the leading and fastest-growing litigation support providers in the industry. Headquartered in Philadelphia, the company has a national footprint with offices across the U.S. serving clients in all 50 states.

Odyssey, with offices in New York and Los Angeles, is a leading private equity investment firm with a more-than-25-year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey has raised over $8.2 billion of private equity capital since inception, investing in more than 50 platform companies and executing approximately 260 add-on acquisitions. Odyssey makes majority-controlled investments in industries with a long-term positive outlook and favorable secular trends.

CIVC is a Chicago-based private equity firm established in 1970 to provide growth capital to entrepreneurs and founders. Since 1989, CIVC has invested more than $2.0 billion in 76 platforms, primarily as growth and buyout capital, along with founders and executives in middle-market companies mainly in the business services sector.

Houlihan Lokey served as the exclusive financial advisor to Odyssey. This transaction underscores Houlihan Lokey’s expertise and extensive relationships in the legal technology and services sector.