
Arcapita expands US private equity portfolio with the acquisition of Trustpoint
KUWAIT CITY, May 6: Arcapita Group Holdings Limited ('Arcapita'), the global alternative investment firm, announced today that it has successfully completed the acquisition of a majority stake in Trustpoint.One ('Trustpoint' or the 'Company'), a leading provider of tech-enabled legal services to law firms and corporate clients in the United States, headquartered in Atlanta, Georgia.
Valued at over $400 billion, the US legal services market is highly fragmented and experiencing growing demand for alternative legal service providers (ALSPs) due to rising litigation volumes and the need for technology-driven solutions. Historically, litigation has not been linked to GDP growth and is generally insulated from macroeconomic trends. ALSPs are an integral part of the modern litigation landscape due to their ability to generate meaningful cost and time savings, and allow law firms to focus on higher value-add activities such as building case strategy. The market is projected to grow at a stable rate, driven by increasing regulatory complexity and data volumes.
Trustpoint offers a comprehensive suite of legal services, including eDiscovery, managed review, legal staffing, and cyber security solutions. The Company serves a diverse set of clients, including top 100 law firms and a variety of Fortune 500 companies. Trustpoint benefits from a scalable business model, robust technology platform, and high client retention, positioning it for continued growth in a rapidly evolving legal services market.
Hisham A. Al Raee, CEO of Arcapita, said: 'This acquisition underscores Arcapita's commitment to investing in recession-resilient sectors with strong fundamentals. The investment in Trustpoint is part of our broader global essential business services strategy and builds on Arcapita's strong track record.'
Neil Carter, Managing Director of US Private Equity at Arcapita, added: 'Trustpoint's position as a leading alternative legal services provider, combined with its strong client relationships and scalable platform, aligns well with our investment philosophy. The legal services industry is rapidly transforming, and Trustpoint is at the forefront of this shift with its technology-driven solutions. We are excited to support the Company as it expands its market presence and continues to deliver best-in-class services to its clients. We look forward to working alongside Trustpoint's leadership team to drive the Company's next phase of growth.'
Mark Hawn, Founder and Chairman of Trustpoint, said: 'This partnership with Arcapita marks a significant milestone in Trustpoint's journey. Over the years, we have built a leading platform that delivers critical legal services through innovation and expertise. With Arcapita's global network and strategic insights, we are well-positioned to accelerate our growth, invest in cutting-edge technologies, and expand our service offerings to meet the evolving needs of our clients. We look forward to the opportunities this collaboration will unlock as we continue to lead the transformation of the legal services industry.'
Chris Gallagher, CEO of Trustpoint, added: 'We are thrilled to partner with Arcapita as we embark on this next chapter of growth. Arcapita's deep expertise in scaling business services companies and its commitment to value creation make it the ideal partner for Trustpoint and our seasoned leadership team. With their support, we will continue to enhance our service offerings, invest in technology and employees, and expand our footprint across the legal services market.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Kuwait Times
22-05-2025
- Kuwait Times
Shaikha Al-Bahar only Kuwaiti on Fortune's 100 powerful businesswomen in 2025 list
Al-Bahar stands as second-highest ranked executive from Mideast KUWAIT: Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK), has been recognized as Kuwait's most influential businesswoman and the sole Kuwaiti featured in Fortune Magazine's prestigious 2025 list of the 100 Most Powerful Women in Business. Al-Bahar stands as the second-highest ranked executive from the Middle East region on this coveted list. The list, compiled by Fortune editors, is based on company size and health of the business, as well as an executive's career trajectory, influence, innovation and efforts to make business better. More than 50 women currently lead Fortune 500 companies, yet only 20 made this year's list — a testament to how increasingly competitive the ranking has become. Featured in the 2025 ranking are some of the most influential figures in global business, including Mary Barra, Chair and CEO of General Motors; Julie Sweet, Chair and CEO of Accenture; Jane Fraser, CEO of Citigroup; Lisa Su, Chair and CEO of AMD; and Ana Botín, Executive Chairman of Banco Santander. In her role at NBK, Al-Bahar continues to play a pivotal part in driving the bank's sustained growth and transformation. Her leadership spans critical initiatives including digital innovation, sustainability strategies, and policy development to extend NBK's regional footprint. She has been instrumental in advancing sustainable finance efforts aligned with the global transition towards a low-carbon economy and climate risk mitigation. Driven by her strategic vision, NBK reinforced its position as Kuwait's largest bank and a regional powerhouse with top-tier credit ratings. Building on this momentum, she spearheaded the Group's digital transformation, notably launching 'Weyay,' Kuwait's first fully digital bank tailored to redefine financial engagement for younger generations. Al-Bahar was also a key architect behind NBK's Sustainable Financing Framework, embedding global ESG standards into the bank's operations. Beyond business, Al-Bahar is a strong advocate for social impact. She launched NBK RISE, a transformative initiative aimed at empowering women in leadership roles and led the 'Bankee' Financial Literacy Program in partnership with the Ministry of Education and the Public Authority for Anti-Corruption 'Nazaha.' In the 2024–2025 academic year alone, the program reached more than 32,000 students and 7,200 teachers, marking a significant step forward in advancing financial literacy among Kuwait's youth.


Arab Times
06-05-2025
- Arab Times
Arcapita expands US private equity portfolio with the acquisition of Trustpoint
KUWAIT CITY, May 6: Arcapita Group Holdings Limited ('Arcapita'), the global alternative investment firm, announced today that it has successfully completed the acquisition of a majority stake in ('Trustpoint' or the 'Company'), a leading provider of tech-enabled legal services to law firms and corporate clients in the United States, headquartered in Atlanta, Georgia. Valued at over $400 billion, the US legal services market is highly fragmented and experiencing growing demand for alternative legal service providers (ALSPs) due to rising litigation volumes and the need for technology-driven solutions. Historically, litigation has not been linked to GDP growth and is generally insulated from macroeconomic trends. ALSPs are an integral part of the modern litigation landscape due to their ability to generate meaningful cost and time savings, and allow law firms to focus on higher value-add activities such as building case strategy. The market is projected to grow at a stable rate, driven by increasing regulatory complexity and data volumes. Trustpoint offers a comprehensive suite of legal services, including eDiscovery, managed review, legal staffing, and cyber security solutions. The Company serves a diverse set of clients, including top 100 law firms and a variety of Fortune 500 companies. Trustpoint benefits from a scalable business model, robust technology platform, and high client retention, positioning it for continued growth in a rapidly evolving legal services market. Hisham A. Al Raee, CEO of Arcapita, said: 'This acquisition underscores Arcapita's commitment to investing in recession-resilient sectors with strong fundamentals. The investment in Trustpoint is part of our broader global essential business services strategy and builds on Arcapita's strong track record.' Neil Carter, Managing Director of US Private Equity at Arcapita, added: 'Trustpoint's position as a leading alternative legal services provider, combined with its strong client relationships and scalable platform, aligns well with our investment philosophy. The legal services industry is rapidly transforming, and Trustpoint is at the forefront of this shift with its technology-driven solutions. We are excited to support the Company as it expands its market presence and continues to deliver best-in-class services to its clients. We look forward to working alongside Trustpoint's leadership team to drive the Company's next phase of growth.' Mark Hawn, Founder and Chairman of Trustpoint, said: 'This partnership with Arcapita marks a significant milestone in Trustpoint's journey. Over the years, we have built a leading platform that delivers critical legal services through innovation and expertise. With Arcapita's global network and strategic insights, we are well-positioned to accelerate our growth, invest in cutting-edge technologies, and expand our service offerings to meet the evolving needs of our clients. We look forward to the opportunities this collaboration will unlock as we continue to lead the transformation of the legal services industry.' Chris Gallagher, CEO of Trustpoint, added: 'We are thrilled to partner with Arcapita as we embark on this next chapter of growth. Arcapita's deep expertise in scaling business services companies and its commitment to value creation make it the ideal partner for Trustpoint and our seasoned leadership team. With their support, we will continue to enhance our service offerings, invest in technology and employees, and expand our footprint across the legal services market.'


Arab Times
13-11-2024
- Arab Times
(CIIE) China Focus: U.S. businesses reaffirm commitment to Chinese market
At the ongoing seventh China International Import Expo (CIIE), exhibitors at the American food and agriculture pavilion saw a robust start, securing deals worth about 600 million U.S. dollars within an hour after the launch of the pavilion. "We've only been here for two hours and we've had a good amount of interest," said Manuel Garibay, manager of industrial sales at Royal Ridge Fruits, adding that the company looks to foster partnerships with Chinese importers to tap the increasingly dynamic market. Despite a challenging global environment and lackluster economic recovery, the CIIE, held once a year since 2018, has been a testament to China's determination to open its door wider. Notably, U.S. firms have since the first edition been at the forefront in terms of exhibition area and exhibitor numbers. This year, a large number of U.S. enterprises, including Fortune 500 companies such as General Motors, Johnson & Johnson, and Honeywell, have once again emerged as focal points of the expo. They have showcased a diverse array of products, such as food items, automobiles, advanced smart technology, high-end equipment, medical devices and healthcare products, reflecting a strong interest in exploring the Chinese market. "Trade can help solve the biggest challenges facing the world," said Jason Hafemeister, acting deputy under secretary for trade and foreign agricultural affairs at the U.S. Department of Agriculture. "An event like this, which promotes trade, is a real opportunity." Covering over 240 square meters, the American Food & Agriculture Pavilion features 14 exhibitors, including state representatives, national trade associations, food manufacturers and export packaging companies. It showcases the diversity of the American agriculture and food industry, displaying a range of products such as beef, wine, potatoes and pet food. Steve Reinhard, chairman of the United Soybean Board (USB), told Xinhua that China has been a major destination for American soybean exports, accounting for 54 percent of all exported U.S. soybeans, while adding that U.S. soybeans are among the top three sources of China's soybean imports. Reinhard said the USB supports free trade and is ready to align more closely with China's opening-up drive. Christopher Beros, California Wine Institute director of Greater China and Southeast Asia, said China has been an important and growing overseas market for California wineries. He noted that the increasing sophistication of Chinese consumers is creating more opportunities for Californian wine products. American food giant General Mills, meanwhile, is using its presence at the 2024 CIIE to showcase a wide array of new products of its three major brands, namely Haagen-Dazs, Wanchai Ferry and Blue Buffalo. "China is the irreplaceable growth engine and one of the most important overseas markets of General Mills," said Su Qiang, president and managing director of General Mills China, noting that the Chinese market is of great potential for consumer companies considering its "growing middle class, thriving digital economy, industrial upgrading and green initiatives." Widely known to Chinese consumers for its baby formula products, American healthcare company Abbott is participating in the CIIE for the fifth time. It has exhibited some of its latest technologies and innovations in diagnostics, medical devices, nutritional products and pharmaceuticals. "China is a vital market for us," said Fanny Chen, vice president of Abbott Core Diagnostics. "There is a substantial market opportunity here, and we also appreciate the established infrastructure tailored for the Chinese market." China is currently the world's second-largest consumer market, boasting a middle-income group that exceeds the total population of the United States. Over the past 45 years, bilateral trade between China and the United States has seen an over 200-fold expansion. More than 70,000 U.S. companies have invested and operated in China, according to China's Ministry of Commerce EXPECTING A BETTER FUTURE At the opening of the 7th CIIE, Premier Li Qiang said China is capable of promoting sound and steady economic growth, adding that the country will open up its enormous market even further. Many participants from the United States at this year's CIIE have expressed appreciation for China's dedication to opening up, while conveying their aspirations for mutually beneficial cooperation in the context of globalization. U.S. carmaker Ford is attending the expo for a seventh consecutive year. At its booth, a diverse range of car models, highlighting innovative designs and high-quality craftsmanship, has drawn the attention of many visitors. Sam Wu, vice president of Ford Motor Company and president and CEO of Ford China, said the company's appearance at the expo is based on its belief that "collaboration in the global economy will make everybody stronger." At its CIIE booth, GE Aerospace is showcasing its Revolutionary Innovation for Sustainable Engines (RISE) program model, a revolutionary demonstration initiative aimed at developing more sustainable engine technologies. The company has benefited from the rapid development of China's aviation industry during the past decades, said Xiang Weiming, vice president of GE Aerospace and president of GE Aerospace Greater China, adding that the company will further expand its investment in China, capitalizing on the growing opportunities presented by the country's thriving aviation market. At the expo, Johnson Controls' 300-square-meter booth is divided into a new product display area, a digital solution display area, and a smart city demonstration area. "China is not only a key market and manufacturing base, but also a globally significant source of green innovation and sustainable development. We are full of confidence in China's economy," said Anu Rathninde, Johnson Controls Asia Pacific president. The upgrading of China's manufacturing industry and its emphasis on green development align with the company's goals, he said. "Johnson Controls will continue to fulfill its long-term commitment to the Chinese market." "Our companies are in China for China," said Eric Zheng, president of the American Chamber of Commerce in Shanghai. "China has a critical role to play in leading the globalization process in the new decades to come," Zheng added. Zheng emphasized the importance of communication between the United States and China, saying, "It's important for the U.S. and Chinese governments to coordinate and work together, so that their policies will be beneficial, not only to these two countries, but also to the Asia-Pacific Economic Cooperation and the world."