Buyout Desk
Minority stakeMonday, September 14, 2026

New Mountain Capital takes minority stake in Appleby legal platform

Appleby, a legal services platform founded in Bermuda in the 1890s, has taken a minority investment from New Mountain Capital.

Appleby was founded by Major Reginald Appleby in Bermuda in the 1890s. The firm employs more than 500 people, including over 200 attorneys, across 11 offices in eight jurisdictions.

Deal facts

Target
Appleby
Business
Bermuda-founded legal services platform with more than 500 employees, over 200 attorneys, and 11 offices across eight jurisdictions
Buyer
New Mountain Capital
Deal type
Minority stake
Headquarters
Bermuda
Status
Announced, not yet closed
Announced
Monday, September 14, 2026

Sources

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