PNC Riverarch Capital Acquires Stake in LawLogix Group
PNC Riverarch Capital announced the acquisition of a controlling interest in LawLogix Group, a provider of software as a service solutions and data migration services to law firms, employers and non-profit organizations.
The transaction included equity investments by PNC Riverarch Capital, Akoya Capital and the LawLogix management team.
The transaction for PNC Riverarch Capital was led by Michael Hand, managing director; Michael Rost, managing director; Robert Dolan, senior associate; Brian Blake, analyst; and Kyle Baer, analyst. Hand, Rost and Dolan will represent PNC Riverarch Capital on the LawLogix Board of Directors.
Dan Siciliano and Brian Taylor, the co-founders of LawLogix, will maintain significant ownership in the company and will remain actively involved in supporting its continued growth.
PNC Riverarch Capital, a division of PNC Capital Finance, is a middle-market private equity firm which invests in privately held companies headquartered in North America.
Phoenix, AZ-based LawLogix assists hundreds of organizations through its electronic I-9 compliance, E-Verify, and immigration case management software and comprehensive data migration services.