intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Harbor Receives Majority Investment from BayPine to Drive Digital Innovation Across Legal Sector

Harbor Receives Majority Investment from BayPine to Drive Digital Innovation Across Legal Sector

June 11, 2025 Craig Etkin

CHICAGO–(BUSINESS WIRE)–Harbor Global, LLC (“Harbor” or the “Company”), the preeminent provider of consulting and technology services to the legal industry, today announced that it has received a majority investment from BayPine LP (“BayPine”), a private investment firm that drives digital transformation in market-leading businesses. Harbor’s initial private equity sponsor Renovus Capital Partners (“Renovus”) will remain a significant investor in the Company, alongside the existing Harbor management team. Terms of the transaction were not disclosed.

“We selected BayPine as our new long-term strategic partner as its digital-first domain expertise is highly complementary to the deep industry knowledge of our teams.”Share

Harbor is the partner of choice for law firms and corporate legal departments seeking to innovate, manage, and improve their operations and technology. The Company’s end-to-end solutions span strategic advisory and transformation, technology and operations, research and intelligence, and vendor management. Headquartered in Chicago, Illinois, and with a global team of 800 specialists across North America, the United Kingdom, and Australia, Harbor serves 85% of Global 200 law firms and more than half of Fortune 500 corporate legal departments.

“The legal industry is undergoing a generational transformation driven by the rapid development and availability of emerging technologies and tools. Applying advanced technologies and AI to business operations and legal workflows is game-changing, but the scope and scale of the transformation required to capitalize on the potential opportunities is significant,” said Matt Sunderman, Chief Executive Officer of Harbor. “Since embarking on the creation of Harbor, we have strategically grown the Company to ensure we have brought together the world’s leading group of experts, breadth of solutions, global capabilities, and network of alliances to support law firms and corporate legal departments with the right guidance and resources as they transition to a digital-first future. We selected BayPine as our new long-term strategic partner as its digital-first domain expertise is highly complementary to the deep industry knowledge of our teams, and we look forward to building upon the momentum of the last three years of our partnership with Renovus.”

“Harbor serves as a distributor of innovation to the legal sector, helping many of the world’s largest and most complex legal enterprises shape and execute their modernization roadmaps,” said Will Tetler, Partner at BayPine. “The Company’s global scale, bench of industry expertise, breadth of capabilities, and consistent execution track record set it apart and have resulted in exceptional client and employee satisfaction and retention. By continuing to expand its service offerings, advising clients on the thoughtful adoption of next-gen technologies, such as artificial intelligence, and further deepening its strong relationships across the legal ecosystem, Harbor is poised for continued growth both organically and through strategic acquisitions.”

“We are proud of Harbor’s significant growth in delivering high-end professional services to the legal sector, and look forward to continuing on the journey as a strategic partner to BayPine and the Harbor management team,” said Lee Minkoff, Managing Director at Renovus, who remains on the Harbor board of directors. “With the additional investment plus BayPine’s digital-first focus, Harbor will be able to accelerate its mission to help its clients navigate the future of law.”

Baird, Marks Baughan, and Jamieson Corporate Finance served as financial advisors to Harbor, and DLA Piper and Morgan, Lewis & Bockius LLP served as legal counsel. Kirkland & Ellis LLP served as legal counsel to BayPine.

About Harbor
Harbor is the preeminent provider of professional services to the legal industry encompassing strategy, technology, operations, and intelligence.

Our 800-strong team of strategists, technologists, and specialists navigates alongside our clients – leading law firms, corporations, and their law departments – to provide essential resources and invaluable insights.

Anchored in a rich heritage of deep knowledge, steadfast relationships, and mutual respect, our unwavering dedication lies in shaping the future of the legal industry and fostering enduring partnerships within our community and ecosystem. www.harborglobal.com.

About BayPine
BayPine is a private investment firm that drives innovation, digital transformation, and sustainable growth in market-leading businesses across core sectors of the economy. Headquartered in Boston with an office in New York, BayPine’s team of accomplished investors and senior operating executives have a shared passion for building great businesses and creating enduring value for investors, portfolio companies, and the communities in which they operate. For more information about BayPine, please visit www.baypine.com.

About Renovus Capital Partners
Founded in 2010, Renovus Capital Partners is a lower middle-market private equity firm specializing in the Knowledge and Talent industries. From its base in the Philadelphia area, Renovus manages over $2 billion of assets across its several sector focused funds. The firm’s current portfolio includes over 30 U.S. based businesses specializing in education and workforce development and services companies in the technology, healthcare, and professional services markets. Renovus typically makes control buyout investments in founder owned businesses, leveraging its industry expertise and operator network to make operational improvements, recruit top talent and pursue add-on acquisitions. Visit us at www.renovuscapital.com and follow us on LinkedIn.

Contacts

For Harbor:
Erin Harrison
LIMELIGHT
(203) 610-9492
erin@limelightgrowth.com

For BayPine:
Nathaniel Garnick/Sam Fisher
Gasthalter & Co.
(212) 257-4170
BayPine@gasthalter.com

For Renovus:
Mark Semer/Alex Jeffrey
Gasthalter & Co.
(212) 257-4170
Renovus@gasthalter.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Chicago, Harbor Global, Venture Capital

Post navigation

NEXT
Simetrik Raises Additional $30 Million to Scale AI Reconciliation Platform Across the U.S. and High-Growth Markets
PREVIOUS
Vivrelle Closes $62M Series C, Accelerating Business Growth and Innovation
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TAE Technologies, the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors. TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
Load More... Subscribe

Categories

Recent Posts

  • Zero Networks Raises $55M Series C to Usher in the “Era of the Defender” June 12, 2025
  • Nooks Closes $25M Series A Funding Round with Unmatched Team of Industry Leaders June 12, 2025
  • NextDecade to spend $6,700,000.00 to occupy 37,720 square feet of space in Port Isabel Texas. June 12, 2025
  • Modii Inc. Announces Successful Capital Raise to Accelerate Smart Mobility Solutions Across the U.S. June 12, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.