NEWPORT BEACH, CA September 3, 2015 – Private equity firm ClearLight Partners announced today that it has made a major investment in Walker Advertising, in partnership with Mary Ann Walker, the founder and CEO of Walker Advertising. Walker Advertising is the leading provider of legal marketing services in California, with a particular emphasis on serving the Latino community. Financial terms of the transaction were not disclosed.
Mary Ann Walker, Founder & CEO of Walker Advertising, commented “My life’s passion has been to bring hope and justice to the Latino community. Our mission is to provide affordable legal representation to this growing population coast-to-coast and I look forward to accomplishing this with ClearLight Partners”
Josh Mack, a Partner at ClearLight, stated “We are thrilled to partner with Walker Advertising. Mary Ann and her team have built a great business that provides compelling value to consumers and attorneys alike. We believe Walker is well positioned for continued market leadership in California, and look forward to continued growth there, as well as in new markets in the US.”
Michael S. Kaye, Managing Partner at ClearLight, added “We are impressed with Mary Ann’s vision to help the Latino community access fair legal representation and the work she has done over the past 30+ years to make this vision a reality. We look forward to working with Mary Ann and her team to support the next phase of the Company’s development.”
About Walker Advertising
Walker Advertising pioneered the legal marketing industry and continues to be a leader in the space. During her time as a court translator more than thirty years ago, Mary Ann saw people being denied fair and equal justice simply because they couldn’t speak English. It was out of this experience that Walker Advertising was born, and over the past three decades, Walker has helped more than 2.3 million families. Walker Advertising is based in San Pedro, CA. For more information, please visit www.walkeradvertising.com.
About ClearLight Partners
ClearLight Partners is a private equity firm located in Newport Beach, CA with $900 million of assets under management. The team at ClearLight has extensive operating and financial experience, and invests in and contributes to the expansion of established and profitable businesses. ClearLight focuses on leveraged buyout investments in middle-market companies with strong management teams and significant growth potential. For more information, visit www.clearlightpartners.com.