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Recent Legal Technology & Legal Services M&A Activity
January 5, 2021. Fastcase Merges with Casemaker
Legal publishers Casemaker and Fastcase today announce their merger and joint building out of legal research and analytics, news, data, and workflow solutions. The two companies will combine their teams and technologies to innovate research, analytics, and workflow offerings that empower lawyers with powerful digital solutions for their clients. The two companies have taken a similar trajectory in creating an affordable and widely accessible alternative to the global publishers that dominate American law, offering subscriptions to bar associations, who subscribe on behalf of their members. Each company offers its subscribers different products, and this merger allows the combined company to offer state bar associations the best of both, a more complete alternative for legal research…
January 5, 2021. Litera Acquires Foundation Software Group
Litera, a provider of legal technology and software for law firms, today announced it has acquired Foundation Software Group, developer of an intelligence platform for law firms. Litera is poised to continue to invest in the development and support of Foundation’s data platform that manages disparate data about clients, matters, people, and parties into usable and actionable information. The Foundation platform helps lawyers improve client service, win new business, and gain insight into both the business and practice of law. As a result, Litera expands its offerings for the practice of law to also include the business of law, increasing the company’s ability to provide value to its law firm customers across the matter and client lifecycles…
January 6, 2021. Relativity Acquires VerQu
Relativity, a legal and compliance technology company, today announced that it has acquired VerQu, a data management software company that helps organizations migrate and capture communication data for record retention and compliance purposes. The integration of VerQu into Relativity’s RelativityOne and SaaS products will enhance how organizations handle collaboration and chat data, and accelerate the ability to collect, analyze, monitor and review all types of unstructured data seamlessly and securely…
January 26, 2021. Reveal & Brainspace Merge
Reveal, a global provider of AI-powered eDiscovery platform, and Brainspace, a global provider of visual analytics for eDiscovery and investigations, announced today that they have joined forces. The combination brings together two leading artificial intelligence and analytics engines, propelling the next evolution of legal technology. K1 Investment Management, a leading investment firm focused on high-growth enterprise software companies, has invested over $200 million in the combined organization…
February 8, 2021. Questel Acquires doeLEGAL
Questel announces the acquisition of doeLEGAL, an Enterprise Legal Management and eDiscovery legal technology company based in Wilmington, Delaware, with 50 years of experience. doeLEGAL’s mission is to provide clients with control over their cases and costs in order to make better-informed decisions. Questel has built an end-to-end integrated platform of software and services addressing all the Intellectual Property needs and already covers more general legal needs such as invoice and cost management, which are very synergetic with ELM solutions…
February 9, 2021. Veristar Acquires Planet Data Solutions
Veristar, a legal services delivery firm, today announced the acquisition of Planet Data, accelerating the firm’s offerings and solutions for corporate legal departments and law firms. Planet Data Solutions, Inc. will sell its assets to Veristar. Planet Data’s Exego® software division will operate under a separate Exego LLC…
About Arbor Ridge Partners, LLC.
Arbor Ridge Partners is a business broker that focuses on mergers and acquisitions for Legal Technology and Legal Services companies; including, litigation support, computer forensics, eDiscovery, legal services, and software companies. With over 40+ years of combined industry experience, legal backgrounds, first-hand industry M&A experience, and deep relationships, we can help maximize value in the purchase and sale of Legal Technology and Legal Services Businesses. For additional information, please visit www.arborridgepartners.com or call 800-226-2760.