Glendale, CA — LegalZoom.com, Inc. (Nasdaq: LZ), the leading online platform for business formation and legal services, today announced the acquisition of Formation Nation, the parent company of Nevada Corporate Headquarters (NCH), a premier provider of business formation and compliance solutions based in Nevada. This strategic move further solidifies LegalZoom’s leadership in helping entrepreneurs start, manage, and grow their businesses.
Founded in 1992, NCH has been a trusted name in business formation, particularly renowned for helping small business owners navigate the unique benefits of incorporating in Nevada, including favorable tax structures and enhanced privacy protections. With this acquisition, LegalZoom expands its suite of offerings and deepens its expertise in one of the most business-friendly states in the U.S.
“This is a significant milestone for LegalZoom as we strengthen our position in the business formation market,” said Dan Wernikoff, CEO of LegalZoom. “Nevada Corporate Headquarters has built a reputation for providing comprehensive support to entrepreneurs seeking the advantages of incorporating in Nevada. By bringing NCH into the LegalZoom family, we’re enhancing our ability to serve customers with specialized expertise, premium service, and expanded options tailored to their business needs.”
The transaction, valued at approximately $49.3 million in cash, plus 2.2 million restricted shares and up to an additional $15.4 million in cash holdback, underscores LegalZoom’s commitment to investing in high-quality services that complement its platform.
Clients of NCH will continue to benefit from its personalized services while gaining access to LegalZoom’s broad technology solutions, legal network, and tools that support every stage of business growth. The acquisition is expected to accelerate LegalZoom’s go-to-market strategy and improve its customer service capabilities, especially for customers interested in the advantages of Nevada incorporation.
For more information about NCH and LegalZoom’s services, visit www.legalzoom.com and www.nchinc.com.
About LegalZoom
LegalZoom is the leading online platform for legal and business services in the United States. Our mission is to democratize law and simplify access to legal help for individuals and businesses.
