Business Centric Services Group Limited (“BCSG”), a UK-based provider of digital engagement platforms for financial institutions and telcos, was acquired by LegalZoom.com, Inc. (“LegalZoom”), a US-based online legal technology company.
BCSG has seen excellent adoption globally of its digital engagement platform in recent years, with installations on three continents with blue-chip customers including Barclays, Deutsche Bank, Mastercard, and EE.
Zelig Associates has acted as BCSG’s long-term financial advisor, having worked closely with the company on several strategic situations culminating in the acquisition by LegalZoom.
The terms of the transaction were not disclosed.
About BCSG
Founded in 2008, BCSG provides cloud-based, digital engagement platforms and cloud services market places for financial institutions and telcos. The BCSG platform is aimed at enhancing digital propositions for SME customers by providing easy access to a host of market leading SaaS applications, data, and analytics. BCSG’s platforms reach over four million SMEs worldwide, with its business app market currently being used by over 200,000 SMEs
About LegalZoom
LegalZoom offers a technology platform that provides access to professional legal advice, from starting a new business to assisting in protecting families, contracts to copyrights, and trademarks to trusts. Since its inception in 2001, LegalZoom has evolved into the leading provider of online legal solutions for families and small businesses.
About Zelig Associates
Zelig Associates is a global FinTech investment banking boutique based in Europe and North America. We provide independent strategic and financial advice to entrepreneurs, private equity firms and venture-funded companies as well as international corporations. The firm combines entrepreneurial spirit and transaction excellence with a passion for the FinTech sector.