Frontline Managed Services Secures Investment from Broad Sky Partners to Accelerate Growth in Legal IT Solutions
Frontline Managed Services, a global leader in outsourced IT solutions for the legal and professional services sectors, has announced a strategic investment by Broad Sky Partners, a private equity firm specializing in supporting middle-market companies that deliver critical services to both business and consumer markets. This partnership will help Frontline expand its reach and enhance its service offerings to law firms worldwide.
Frontline provides a comprehensive range of white-glove Managed IT Services and Revenue Cycle Management solutions to over 800 law firms, including more than half of the firms in the prestigious AM Law 200, along with hundreds of mid-sized legal practices. In recognition of its excellence, Frontline was ranked #38 in the 2024 Channels Futures MSP 501, a respected global ranking of top-performing managed service providers.
“This investment will fuel our mission to position Frontline as the leading provider of Managed IT Services and Revenue Cycle Management solutions tailored specifically for legal and professional services firms,” said Seelin Naidoo, CEO of Frontline. “We are thrilled to partner with Broad Sky to drive our next phase of growth, focusing on technological innovation that will help us deliver even more value and productivity-enhancing solutions to our clients.”
The partnership with Broad Sky is expected to accelerate Frontline’s expansion, allowing the company to invest further in technology, enhance its cybersecurity capabilities, and refine its workflow solutions for law firms. Despite the transition to new leadership, Frontline’s previous lead sponsor will remain involved as a minority investor, ensuring continuity and stability. “We are grateful for the support of Matt Kinsey, Sam Axelrod, and the entire team at BV Investment Partners for their partnership over the past five years,” added Naidoo.
Evan Azus, Managing Director at Broad Sky Partners, commented, “We were impressed by Seelin’s leadership and Frontline’s proven ability to deliver exceptional value to clients. Broad Sky’s strategic focus is to back teams providing essential services in growing markets, and Frontline’s strong organic growth and acquisition potential align perfectly with that strategy. As cybersecurity and data management needs become more complex, Frontline has emerged as a crucial partner for its clients, helping them optimize workflows and improve their cyber preparedness.”
The legal industry’s increasing reliance on outsourced technology solutions positions Frontline to meet the evolving needs of law firms, particularly as firms seek to streamline operations, secure IT infrastructure, and manage increasingly complex cybersecurity challenges. Frontline helps firms address these issues by offering real-time IT service solutions, including help desk support, network monitoring, eBilling, accounts receivable support, and advanced cybersecurity solutions.
With a workforce of over 1,000 skilled employees—including IT engineers, application support specialists, client services professionals, and revenue cycle management experts—Frontline operates across nine global locations, positioning itself as a leader in the IT outsourcing space for law firms. The company’s ability to combine technical expertise with a deep understanding of the legal sector allows it to offer tailored solutions that help firms navigate the growing demand for integrated IT support and services.
The terms of the investment transaction were not disclosed. Berenson & Company and Harris Williams acted as buy-side advisors, while Morrison Cohen served as legal advisor to Broad Sky Partners. Guggenheim Securities served as the exclusive sell-side advisor to Frontline, and Ropes & Gray provided legal counsel to Frontline.
This strategic partnership marks a significant milestone in Frontline’s journey, enabling the company to further strengthen its position in the legal IT market while continuing to deliver top-tier service to its clients.
