Oct. 19, 2026
$700M private equity deal with LA law firm signals widening investor interest
Charlesbank Capital Partners' investment in Wood Smith Henning & Berman is potentially the largest publicly announced deal of its kind, as private equity firms increasingly target law practices beyond personal injury.
Los Angeles-based Wood Smith Henning & Berman announced Monday that private equity firm Charlesbank Capital Partners has invested in a newly formed management services organization in a transaction reportedly valued at approximately $700 million, potentially the largest deal of its kind in the U.S. legal industry.
The transaction establishes WSHB Support Services, which will provide nonlegal operational infrastructure and support to the national insurance-defense firm. The law...
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