In April, Thomson Reuters entered into a definitive agreement with TPG for them to acquire a majority stake of Elite. The deal has closed, and Elite is now an independent legal tech company. Thomson Reuters retains a minority ownership stake in Elite and has board representation. The new investment from TPG, alongside the expertise and …
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Thomson Reuters and TPG to Establish Elite as an Independent Legal Tech Company
Today Thomson Reuters and TPG announced that they have signed a definitive agreement for TPG to acquire a majority stake in Elite from Thomson Reuters. The investment will bring resources and focus to the legal financial and practice management business, enabling law firms to digitally transform and thrive. Legal Current is sharing details about the …
- April 4, 2023
- Carrie Brooker
