Align Capital Partners (“ACP”) is pleased to announce the successful closing of a single asset continuation fund (“CP EV Fund I, LP”) with approximately $405 million in commitments to support the next phase of growth for Proceed (the “Company”). 

ACP acquired Counsel Press in October 2023 and rebranded the Company as Proceed last year after completing twelve add-on acquisitions. During that time, Proceed achieved more than 290% revenue growth while evolving from a leader in appellate services into a scaled, technology-enabled legal services platform spanning the entire litigation lifecycle.

The CV provides the Company with additional capital for continued M&A and investment in technology tools to support its over 12,000 existing clients.  “We’re grateful for the entire Proceed team’s contributions to date and are excited about the opportunities ahead as activity across the legal services landscape continues to accelerate,” said ACP Partner Matt Iodice.

Thank you Scott Thompson for your leadership and congrats to the ACP team of Matt Iodice, Rob Langley, Joe Eazor, Matt Bowen and Sarah Mahosky! We appreciate the support of Baird who served as the placement agent and lead financial advisor for CP EV Fund I, LP.  Please read the press release below for the entire list of investors and advisors who helped with the transaction!