Clearsight Advises Landon IP in its Acquisition by CPA Global
Clearsight served as the exclusive strategic and financial advisor to Landon IP in its acquisition by CPA Global, a portfolio company of Cinven, a leading European private equity firm.
CPA Global, the world’s leading specialist in intellectual property (IP) software and services, announced the acquisition of international patent services provider Landon IP. Landon IP is the leading global provider of professional patent support services, including patent and technical literature searches; IP analytics; global information research and document retrieval; and patent translation and filing support. The company monitors patents, trademarks, corporations, inventors, and industries and provides technical consulting to major corporations and law firms worldwide. Landon IP also sells patent and trademark information on paper and in electronic formats and hosts the world’s largest collection of electronic patent file histories. The company is headquartered in Alexandria, VA with offices in Detroit, MI, London, Shanghai and New Delhi and has approximately 190 employees serving over 1,000 clients.
Following the acquisition, Landon IP will operate as a standalone entity and the current management team will stay intact. CPA Global’s management teams will work with Landon IP CEO, Dave Hunt and his team to expand Landon IP’s geographic reach and help promote the company’s specialist skills to a broader range of clients worldwide. CPA Global’s Chief Executive Officer, Tim Griffiths, said, “As companies across the world increasingly seek to align the management of their Intellectual Property assets with their broader business objectives, we are seeing greater demand for patent search and analytics services to help inform strategic decision-making. Landon IP is a leader in this area and we are delighted to be working with them to deliver world-class patent services.”
“Clearsight provided exceptional advice and direction during every stage of the process. In addition to finding the most appropriate suitors for Landon IP, the Clearsight team diligently prepared us for the sale and ensured that we received the maximum value for the company. Equally important, Clearsight remained fully engaged throughout the diligence phase to ensure that we were well represented after the price was established. They did this despite the fact that it didn’t impact the fees we paid them. I couldn’t be more pleased. Clearsight is fantastic!” said Dave Hunt, CEO of Landon IP.
“Landon IP is the leader in its space and it was truly a pleasure to work with a high growth company in a very hot sector. Dave and his team have built a very unique business and we are honored that they trusted and selected us to be the exclusive advisor for this monumental transaction.” said Joel Kallett, Co-Founder and Managing Director of Clearsight Advisors.
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