Citizens Advises LawLogix on its Acquisition by Equifax from Thoma Bravo-Backed Hyland
PROVIDENCE, RI – Citizens M&A Advisory announced that it served as the transaction advisor to LawLogix, a leading provider of cloud-based I-9 and immigration case management software, on its acquisition by Equifax. In 2015, LawLogix was acquired by Hyland, a portfolio company of Thoma Bravo.
Based in Phoenix, LawLogix offers two cloud-based software as a service (SaaS) solutions: Guardian and Edge. Guardian helps employers meet Form I-9 and E-Verify requirements and Edge provides immigration law firms, non-profit organizations and employers with immigration case management software.
“Scott Rhodes and the Citizens software team provided helpful advice, deep sector expertise and transaction support in the sale of our business,” said LawLogix President John Fay. “Their extensive knowledge of the HR technology industry led to our ideal outcome, and we look forward to the future with Equifax.”
Citizens Managing Director Scott Rhodes said: “We are pleased to play a part in LawLogix joining the largest and fastest growing business at Equifax, Workforce Solutions. LawLogix has an exciting opportunity to provide its clients with access to more capabilities, services and insights than ever before, helping them manage today's complex and rapidly changing employment and regulatory landscape.”
Citizens M&A Advisory specializes in middle-market mergers and acquisitions, combining sector intelligence with a client-focused approach to realize clients' true value. The Citizens team has more than 150 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens Capital Markets, Inc., a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $226.7 billion in assets as of June 30, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and more than 1,200 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.