Headquartered in Chicago, Harbor serves 85 percent of Global 200 law firms and over half of the Fortune 500’s corporate legal departments with offerings across strategy, technology, operations and vendor management. With a global team of 800 professionals, Harbor is positioned as a digital transformation partner to the legal sector. Renovus Capital Partners, Harbor’s initial private equity sponsor, will retain a significant minority stake alongside the company’s management team.
BayPine’s investment is expected to accelerate Harbor’s growth and advance its use of next-generation technologies like AI. Renovus will remain a strategic partner.
Baird, Marks Baughan, and Jamieson Corporate Finance advised Harbor on the transaction. DLA Piper and Morgan Lewis & Bockius served as legal counsel to Harbor, while Kirkland & Ellis advised BayPine.
The troubled water utility now appears unlikely to meet its goal of securing fresh equity by the end of June.
