CPA Global

Khaitan & Co, alongside Travers Smith, advised legal process outsourcing (LPO) company CPA Global in its acquisition by European buyout firm Cinven which was advised by Freshfields Bruckhaus Deringer.

LI-Mint Exclusive: Legal process outsourcing (LPO) and intellectual property (IP) management firm CPA Global Ltd, which is being fully acquired by UK-based Cinven Partners Llp for an estimated $1.45 billion (Rs 7,135 crore), has internally restructured the LPO business unit that failed to hit growth targets in India and saw headcount reductions and senior executives’ departure.

Legal process outsourcing (LPO) company CPA Global, which specialises in patents work, has been acquired by private equity major Cinven, according to a press release by the fund.

CPA Global CFO and head of management services Anand Sharma has vowed that the legal process outsourcing (LPO) company would look for inorganic vertical acquisitions of smaller pure-play LPO companies in 2011.

Legal process outsourcing (LPO) and traditional outsourcing company CPA Global has appointed London law firm SJ Berwin’s retired senior partner as its new chairman.

Wipro Technologies is the third legal process outsourcing (LPO) company in almost as many months to announce that it is providing LPO services to software giant Microsoft. But like the others it has been providing LPO services to Microsoft for years. The real story here is how good the Redmont company has been getting at outsourcing legal work.

Legal process outsourcing (LPO) provider CPA Global has hired Rio Tinto's managing attorney Leah Cooper as a board member, following Cooper striking a deal last year to outsource $20m of the mining giant's annual legal work to CPA in India.