Clio Completes $1B Acquisition of vLex

November 10, 2025

Clio completed its $1 billion acquisition of vLex, combining vLex’s legal intelligence (Vincent AI) with Clio’s legal AI platform to form an “Intelligent Legal Work Platform.” The deal closed alongside Clio’s $500 million Series G led by New Enterprise Associates (NEA), with additional equity participation from TCV, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity, and a $350 million debt facility led by Blackstone and managed by Blue Owl Capital.

Buyers
Clio
Targets
vLex
Sellers
Oakley Capital
Industry
Software
Location
British Columbia, Canada
Transaction Type
Buyout

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