Alternative legal service provider Elevate Services announced Monday that it has secured $25 million in funding from Los Angeles-based private equity fund Kayne Partner, bringing the company’s total capital deployed to $60 million. Elevate said it plans to use the additional funding to scale operations to meet increasing customer demand and enhance its Cael enterprise legal management software.
Elevate has seen massive growth in the past several months, acquiring Yerra Solutions, LexPredict, and Sumati Group to expand the company’s services in technology, consulting and general legal services. Those acquisitions have also spearheaded the company’s growth in foreign markets, particularly in the U.K. after acquiring legal resourcing firm Halebury, and in Asia after entering Hong Kong by acquiring flexible lawyering service provider Cognatio Law.
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