Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.
LegalZoom, a Web-based provider of legal services, withdrew its initial public offering plans Tuesday to pave the way for European private equity firm Permira Advisers to take a $200 million controlling stake. LegalZoom tapped a Los Angeles–based team from Cooley to advise on the acquisition, which is expected to close during the first quarter. Permira sought counsel from Fried, Frank, Harris, Shriver & Jacobson.