Cobra Announces Strategic Investment from Blue Sage Capital

Cobra’s Partnership with Blue Sage Enables Acceleration in Company Growth

Cobra Legal Solutions is pleased to announce a recently completed strategic investment by Blue Sage Capital. Headquartered in Austin, Texas with an additional office in Chennai, India, Cobra is a leading provider of legal services including eDiscovery technology services, eDiscovery managed review, contracts management and legal research. Under the leadership of CEO Candice Corby, Cobra has more than tripled in size over the last three years.

“Partnering with Blue Sage will enable us to accelerate our growth,” said Corby. “Leveraging Blue Sage’s capital resources and strategic network will enable Cobra to expand its service offerings and provide greater capacity while continuing to deliver exceptional quality to Cobra’s clients.”

Cobra’s value-based approach to eDiscovery services, in particular, has been garnering attention from leading corporations and law firms globally.

Eric Weiner, Partner at Blue Sage, stated, “We are excited to partner with Candice and her best-in-class team and to support Cobra in the next stage of its evolution. The Cobra platform stands out in its commitment to service, responsiveness, and flexibility in managing its customers’ eDiscovery and legal services needs. Together we will focus on organic growth and acquisitions to expand Cobra’s service offerings as a leading Legal Operations Outsourcing Provider.”

Blue Sage was represented in the transaction by Queen Saenz + Schutz PLLC (Legal), Marsh McLennan (Insurance), Sprock Capital Advisory (Accounting), Corsis (IT) and Cherry Bekaert (Tax).

Cobra was represented by VRA Partners (Financial Advisor) and Alston & Bird LLP (Legal).

Read more on the partnership here.

About Cobra Legal Solutions

Cobra Legal Solutions was founded over a decade ago by attorneys who knew they could improve the efficiency of legal support services. Cobra’s diverse team of like-minded professionals combine deep experience in eDiscovery, contracts and due diligence, document review, legal research, and technology to deliver consistent, measurable results for corporate legal departments and their outside counsel.  Through a Value Sourcing approach and judicious use of technology assistance, we can significantly reduce the cost and risk in the business of law.

Based in Austin, TX, Cobra Legal Solutions is proud to be 89% diverse with a workforce that is 63% female worldwide. Cobra offers unique opportunities to exceptional talent and provides a safe work environment that fosters achievement and promotes professional growth.  Named to the 2020 Inc 5000 list of America’s Fastest Growing Private Companies, Cobra Legal Solutions is trusted by thousands of legal professionals each day from some of the world’s largest companies and law firms.  See why at www.cobralegalsolutions.com

About Blue Sage

Blue Sage Capital is an Austin, Texas-based private equity firm that has been investing in profitable, growing, lower middle-market companies since 2002. Blue Sage currently has over $400 million of assets under management and seeks to partner with founders, families and management teams as the first round of institutional capital for businesses that enjoy leadership positions in niche manufacturing, environmental solutions or specialty services industries. Blue Sage typically invests $20 million to $40 million in control buyout investments and recapitalizations of companies with $20 million to $125 million of revenue.

World Business Angels Investment Forum (WBAF) appoints Candice Corby, CEO of Cobra Legal Solutions, as USA Senator

The inclusion of USA in WBAF provides opportunities for USA’s start-ups, scaleups and high growth businesses and opens doors for economic development Read more

Cobra Kicks Off Its Participation in the 15th Annual Fortune – U.S. Department of State Global Women’s Mentoring Partnership

Cobra CEO and Team Help Mentor the Next Generation of Global Women Leaders

For the next six weeks, businesswoman and attorney, Phetogo Molati from South Africa will spend time working virtually with Cobra’s Chief Executive Officer, Candice Corby, to enhance her business and leadership skills. The partnership leverages Ms. Corby’s expertise as a business leader to support and advance women’s economic empowerment. While under Ms. Corby’s wing, Ms. Molati will observe best practices, develop management skills, and cultivate a network of global professionals.

Their unique corporate relationship is part of their selection and inclusion to the 15th Annual Fortune – U.S. Department of State Global Women’s Mentoring Partnership, a program launched in 2006 to empower global women leaders in business and pair them with top women executives from the United States’ most prestigious companies and their teams for customized mentorship.

The goal: facilitate cross-cultural exchange to create diverse connections, equip international mentees with invaluable knowledge that they can use to bolster their own businesses and inspire positive change in their local communities.

This year, Cobra CEO, Candice Corby with her team, was chosen to share industry knowledge with mentee, Phetogo Molati. “Phetogo is a ball of energy,” said Candice. “I cannot wait to see what we will accomplish together.”

“The feeling is mutual, the journey of growth continues,” said Phetogo. “I’m super excited to learn from you, Candice Hunter Corby.”

Phetogo, hailing from Pretoria, South Africa, is an entrepreneur and emerging leader in her own right. Phetogo is the owner, founder and Director of Molati Attorneys Incorporation, a township based full-service law firm. Ms. Molati and her firm has a decade of combined experience in providing exceptional legal services to various companies and individuals throughout South Africa. Molati also hosts a weekly radio show called “Legally Speaking,” which educates listeners on prevalent legal matters.

About Fortune – U.S. Department of State Global Women’s Mentoring Partnership

The Fortune – U.S. Department of State Global Women’s Mentoring Partnership is a public-private partnership between Fortune Most Powerful Women, the U.S. Department of State and Vital Voices Global Partnership. The program draws on the expertise of the United States’ most accomplished leaders to enhance the business and leadership skills of international women professionals. Over the course of the program, mentees engage in skills trainings, panel discussions, networking events and a mentorship with top women executives and their teams. Past mentors come from America’s most prestigious companies, such as Aetna, Johnson & Johnson, Guardian Life and Accenture. Mentees are equipped with critical business and leadership skills and the inspiration to pay it forward, accelerating positive change in their home communities. Now in its 15th year, the program includes over 338 alumnae from 58 countries and territories.

More information about Fortune – U.S. Department of State Global Women’s Mentoring Partnership here.
Find the U.S. Department of State’s Press Release here.

Cobra Partners with Thomson Reuters

New Partnership Extends the Reach of Market-leading eDiscovery Point Solution

Cobra Legal Solutions, a leading legal operations outsourcing provider (LOOP), today announced a new Referral partnership with the Legal Professionals division of Thomson Reuters.

The new partnership will extend the reach of eDiscovery Point, the award-winning eDiscovery solution from Thomson Reuters, across the Cobra client base and provides Thomson Reuters’ clients with access to Cobra’s managed document review and collections services globally. This will increase the value of eDiscovery Point as a key component in helping clients to create a repeatable, defensible Electronic Discovery Reference Model (EDRM) workflow, and will build upon a solid track record in the industry and its experience working across both high-profile and routine matters across a range of industries.

From eDiscovery and managed review to M&A due diligence and contract process simplification, the award-winning services from Cobra provide value-based results at the lowest cost possible. With an international team of lawyers and technology professionals, Cobra is relied upon every day by legal professionals in Fortune 1000 companies and their outside counsel, and their approach has saved clients tens of millions of dollars in legal spend every year.

Referral Partnerships are based upon referring or reselling Thomson Reuters solutions to meet specific customer needs. It is one of four current partnership categories with Thomson Reuters and represents a mutually beneficial relationship which plays an integral role in the legal practice management ecosystem.

Cobra Legal Solutions and CobrATX were formed over a decade ago to help you derive higher value from your legal functions. Cobra is proud to be 99% diverse, with a workforce that is 80% female worldwide. Cobra offers unique opportunities to exceptional talent and provides a safe work environment that fosters achievement and promotes professional growth. Cobra’s diverse team of like-minded professionals have deep experience in both corporate legal departments and law firms united with one common goal: to improve the efficiency of legal support services. We combine our expertise in eDiscovery, contracts and due diligence, document review, legal research, and technology to deliver consistent, measurable results for our clients. Through a Value Sourcing approach and judicious use of technology assistance, we can significantly reduce the cost and risk in the business of law.

Cobra Named a 2020 Inc. 5000 Fastest-Growing Private Company in America

 Cobra Ranks No. 1,084 with Three-Year Revenue Growth of 423%  

On August 12, 2020, Inc. magazine revealed that Cobra Legal Solutions is No. 1,084 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.  Cobra’s debut position on this year’s list is the highest for any legal services provider.

Cobra achieved this level of growth by disrupting traditional models in the competitive legal industry with their unique ability to meet the growing demand for improved delivery of legal services. Through Cobra’s relentless focus on customer success and tech-enabled service innovation, they have become the trusted partner of numerous companies and their outside counsel around the world.

“Over the past few years, we have invested heavily in technology, services, and an all-star team of experts,” said Candice Corby, Cobra’s CEO. “As a result, we have emerged as the premier provider in the Legal Operations Outsourcing Provider (LOOP) field.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found here. The top companies are also being featured in the September issue of Inc., available on newsstands August 18.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

Cobra Appoints VP of Legal Technology and VP of Legal Professional Services

Cobra Promotes Team Leaders to Accommodate Company’s Continued Growth and Success

Cobra Legal Solutions, a leading provider of technology and legal support services, is delighted to announce the promotions to Vice President by both Kendra Smith and Kassi Burns. Kendra will head our client facing Legal Technology division and Kassi will head our Legal Professional Services division. The promotions accommodates Cobra’s tremendous company growth; Cobra has doubled its customer base, expanded its suite of service offerings, and doubled employee count since 2018. Together their joint teams and leadership will propel Cobra to continued greatness and success.

Read more

Creating Pathways To Prosperity: Cobra’s CEO Wins “Award Of Excellence & Recognition”

Cobra CEO Candice Corby meets with global leaders in Cairo, Egypt at the Women Economic Forum 2020

Cobra Legal Solutions is delighted to congratulate Chief Executive Officer (CEO) Candice Hunter Corby as she was honored with the most distinguished Award of Excellence & Recognition from the Egyptian government at the Women Economic Forum (WEF) 2020  in Cairo, Egypt. The conference was attended by over 1000 women from all around the world to discuss and share their journeys as leaders in business. Read more

Empowering Change, Diversity & Inclusion: Cobra’s CEO Appointed WICCI’s President of the Eastern USA

Cobra CEO Candice Corby named President of the Eastern USA – India Business Council by the Women’s Indian Chamber of Commerce and Industry

Cobra Legal Solutions is delighted to congratulate Chief Executive Officer (CEO) Candice Hunter Corby for her appointment as President of the Eastern USA – India Business Council by the Women’s Indian Chamber of Commerce and Industry (WICCI). As President, Ms. Corby’s primary responsibility will be to work with businesswomen and entrepreneurs to help them establish contact with their counterparts in India, leading to better inclusion and support for women in business.

Read more

Cobra Legal Solutions’ CEO Named Business Leader of the Year Finalist

Cobra’s CEO, Candice Corby, is a finalist for Business Leader of the Year for the Women in IT Awards – USA

AUSTIN, TX– Cobra Legal Solutions, a leading global provider of technology and legal services, is proud to announce its President and Chief Executive Officer, Candice Corby, has been named a finalist for Business Leader of the Year by the prestigious Women in IT Awards – USA. Read more

Cobra Taps Industry Expert To Lead Tech Division

Cobra’s force continues to grow with the addition of an experienced industry leader as its new EVP of Sales and Managing Director of CobrATX

AUSTIN, TX– Cobra Legal Solutions, a leading global provider of technology and legal support services, proudly welcomes Doug Kaminski as the company’s Executive Vice President of Sales and Managing Director of CobrATX, Cobra Legal Solutions’ technology division. Read more