Today, legal services provider Factor announced that Carrick Capital Partners has become its majority shareholder following a new investment by the private equity firm. With the new funding, the “new law” company intends to almost double its staffing levels worldwide.

While the investment amount was not disclosed, Factor CEO Varun Mehta said it was “multiples upon [Carrick’s] original stake in the business.” He added that the investment was unsolicited, with Carrick, a previous investor and board member of Factor, offering the company an opportunity for additional support. The deal is expected to close in October.

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