LegalZoom Acquires Formation Nation

February 10, 2025

LegalZoom (Nasdaq: LZ) has acquired Formation Nation, the owner of the Inc Authority and Nevada Corporate Headquarters brands, to expand its small-business formation and compliance services. The deal closed February 10, 2025 for $49.3 million in cash plus ~2.2 million restricted shares (with an additional $15.4 million cash holdback) and brings more than 140 experienced small-business service specialists into LegalZoom to enhance customer segmentation and consultative support.

Buyers
LegalZoom
Targets
Formation Nation
Industry
Legal Services
Location
Nevada, United States
Transaction Type
Buyout

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