Willkie advised Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, on the sale of its portfolio company Law Business Research to global asset manager Intermediate Capital Group (ICG).

On May 20, LLCP and ICG announced a strategic partnership with Law Business Research, under which LLCP will return significant capital to its investors while remaining a shareholder in Law Business Research alongside ICG.

Law Business Research is a technology-driven information services business powering the global legal, intellectual property and governance, risk, and compliance markets. It provides a combination of proprietary data and analytics, expert research and insight, and sophisticated tools, with a suite of products that includes Lexology, Legal Monitor, MBL Seminars, IAM and Docket Navigator. Law Business Research is headquartered in London with offices in Hong Kong, New York, Austin, and Washington, D.C.

Levine Leichtman Capital Partners, LLC is a middle-market private equity firm that currently manages $9.6 billion of assets and has offices in Los Angeles, New York, Chicago, Charlotte, Miami, London, Stockholm, The Hague and Frankfurt. The Willkie team was led by partners David Arnold and Andrew Gray and included partners Ashley Young, Komal Raina, Jane Scobie and Rahul Saha.