Leonis Principal, Inc. (d/b/a “Leonis Partners”) and The Jordan Edmiston Group, Inc. (d/b/a “JEGI CLARITY,” and together with Leonis Partners, the “Parties”) have entered into a proposed combination agreement (the “Transaction”). The Transaction is subject to approval by the Financial Industry Regulatory Authority (“FINRA”) and in the UK by the Financial Conduct Authority (“FCA”). The Parties will continue to be two distinct entities and businesses until the Parties obtain FINRA's and the FCA's approval of, and close, the Transaction. Click here for more information.
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Transaction

Providing online divorce resolution with software and tech-enabled services

The partnership brings the expansive online divorce platform under one powerful domain

Date: December 2020
Deal Type: Founder Sale
Role: Sell-side M&A
Sectors:
  • Legal Market Technology and Services
  • Software
  • Technology and Consulting Services

JEGI CLARITY has advised Divorce.com on their sale to Featheringill Capital.

Divorce.com offers expansive online services that ease the burdens and costs of divorce. While other services are narrow in their approach, Divorce.com offers three pillars of support to cover virtually every divorce scenario—driving complexity, expense, and time out of the process. Operating across the United States and Canada, the Divorce.com team has helped more than 800,000 divorces end quickly, affordably, and amicably.

Featheringill Capital champions a founder’s key insight to ensure his or her legacy can be fully realized. Partnering closely with existing management teams, Featheringill provides access to financial, human, and strategic resources to ensure successful and responsible growth.

Partnering with Featheringill Capital will help Divorce.com continue to expand and improve its market leading position in providing its users with software and tech-enabled services that allow them to access family law and related services in a cost-efficient and highly reliable manner.Featheringill’s backing will provide access to capital for continued investment in talent and product development.

Loved working with JEGI CLARITY and couldn’t be happier with the outcome. It was a real pleasure, and we didn’t expect that level of dedication and competence from ANY group of bankers. We look forward to working with JEGI CLARITY in the future.

Greg Rublev, Chief Operating Officer, Divorce.com

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