Fifth Street Arranges $171M Facility for Permira's LegalZoom
May 19, 2015
Fifth Street Management has served as administrative agent and lead arranger for a $171 million one-stop financing facility to support LegalZoom.com, a portfolio company of Permira. Founded in 2001, LegalZoom provides online legal solutions for families and small businesses. The financing facility, which consists of a first lien term loan and a revolving credit facility, will help fund future acquisitions; terms of the deal include the ability to access an additional $75 million.