LegalZoom.com, Inc. (NasdaqGS:LZ) acquired Earth Class Mail, Inc. for $61.2 million.
November 09, 2021
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LegalZoom.com, Inc. (NasdaqGS:LZ) acquired Earth Class Mail, Inc. for $61.2 million on November 10, 2021. The total cash paid was $61.5 million, inclusive of $0.4 million of buyer costs, which resulted in net purchase price of $61.1 million. It was paid at closing and funded by LegalZoom's available cash on hand. District Capital Partners acted as financial advisor to LegalZoom on this transaction.
LegalZoom.com, Inc. (NasdaqGS:LZ) completed the acquisition of Earth Class Mail, Inc. on November 10, 2021.
LegalZoom.com, Inc. provides an online platform for business formation in the United States. The Company is a business advisor, supporting the needs of a new business throughout its lifecycle. Its platform includes professional expertise and other products, both legal and non-legal, to meet the needs of small businesses. It delivers comprehensive legal, tax, accounting and compliance products and expertise to small business owners and their families. Its offerings include ongoing compliance and tax advice and filings, business licenses, accounting, virtual mailbox and e-signature solutions, trademark filings, and estate plans. Additionally, it has insights into its customers and leverages its offerings as a channel to introduce small businesses to brands in its partner ecosystem. Its transaction products for small businesses include business formation, intellectual property, and tax services. Its transaction products for consumers include consumer, estate planning and other.
LEGALZOOM.COM, INC. 
