Morgan & Morgan
Largest U.S. personal injury law firm exploring a $1B+ minority PE stake that could catalyze the MSO trend.
“Dylan Taylor, founder and CEO of Voyager Technologies, said that J.P. Morgan was the 'perfect fit.'”
“DayOne Data Centers, a premier global digital infrastructure firm, formally announced its U.S. Initial Public Offering filing.”
“Capitolis: The deal was led by Citi, with Bank of America, Nomura, Tradeweb Markets, Barclays, BNP Paribas, J.P. Morgan, State Street, and UBS also stepping up.”
Source→“Dylan Taylor — Founder/CEO of Voyager Technologies. Mentioned in a J.P. Morgan sponsor testimonial about scaling from startup to IPO.”
“Sid Sheth — Co-founder of d-Matrix. Mentioned in a J.P. Morgan sponsor testimonial about banking support for AI-era scaling.”
“d-Matrix — AI chip company referenced in J.P. Morgan sponsor content as an example of a founder-led company scaling with banking support.”
“Gamma — Presentation software startup referenced in J.P. Morgan sponsor content as an example of founder resilience.”
“There's also a possible PE deal coming for personal injury giant Morgan & Morgan, which has numerous California offices.”
Source→“Morgan & Morgan became the latest law firm to flirt with outside investment, hiring JPMorgan to explore a minority stake sale that could raise more than $1 billion and pave the way for a public listing.”
Source→“Morgan & Morgan is exploring a $1B+ minority stake sale.”
“Firm founder John Morgan tells the FT that he hasn't made a final decision, saying he still needs to learn more about MSOs and doesn't like 'usury rates' charged by private equity.”
“This could supercharge the regulatory debate over MSOs, a structure that law firms use to sidestep rules against non-lawyers owning their own practices. No firm has yet used an MSO to go public, although that may just be a matter of time.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.