Like Noventia Oy

closed 11/25/2020 via Company Press Release

Citrus Solutions Oy, acquired Noventia Oy

synopsis: Helsinki-based Citrus Solutions Oy has acquired the entire share capital of Noventia Oy, a Finnish provider of eSourcing solutions. Noventia’s solutions for eSourcing, Supplier Management, and Contract Management are an excellent complement to Citrus’ Legal Tech service portfolio as well as its strong software development and product expertise.
buyer: Citrus Solutions Oy
Citrus is a Finnish software and solutions provider that specializes in legal tech services. The company's myGDPR Service is a SaaS solution that helps organizations meet their duties with regard to the EU’s General Data Protection Regulation. "
target: Noventia Oy
Noventia is a Finnish provider of eSourcing solutions. The company's solution for eSourcing and Supplier management offers a platform for modern sourcing organizations to manage all supplier related information in both the public and private sectors.
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closed 9/13/2022 via GlobeNewswire

Bottomline Technologies, acquired Nexus Systems

synopsis: Bottomline, a leading provider of financial technology that makes business payments simple, smart, and secure, announced its acquisition of Nexus Systems, a leading provider of accounts payable (AP) and payments automation software for the real estate and property management industries.
buyer: Bottomline Technologies (EPAY:$482.64)
Bottomline makes complex business payments simple and secure. Corporations and banks rely on Bottomline for domestic and international payments, cash management, automated workflows for payment processing and bill review, fraud detection, behavioral analytics, and regulatory compliance solutions. "
target: Nexus Systems
Nexus provides the fastest way for real estate companies to ditch paper checks and send secure payments to their suppliers. With its roots in AP automation, they have built the largest, validated community of suppliers serving multifamily, CRE and other real estate segments.
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closed 8/3/2022 via BusinessWire

PayStand, acquired Yaydoo

synopsis: Paystand, the leader in blockchain-enabled accounts receivable and B2B payments, announced the acquisition of Yaydoo, the leader in accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM.
buyer: PayStand
Paystand is the leader in blockchain-enabled accounts receivable and B2B payments. Using blockchain and cloud technology, Paystand makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue. "
target: Yaydoo
Yaydoo builds and distributes financial automation technologies that help businesses streamline B2B payments using software focused on procurement, spend management, accounts payable, and accounts receivable processes.
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announced 6/1/2022 via PR Newswire

Unit4, will acquire Scanmarket

synopsis: Netherlands-based Unit4, a leader in enterprise cloud applications for mid-market people-centric organizations, will acquire Scanmarket, a global vendor of cloud Source-to-Contract software. With Scanmarket, Unit4 will be able to provide organizations with a unified Source-to-Pay journey, building on its existing ERP and Procure-to-Pay offerings.
buyer parent: TA Associates
buyer: Unit4
Netherlands-based Unit4 is a leader in enterprise cloud applications for people-centric organizations. Its state-of-the-art cloud platform, ERPx, brings together the capabilities of Financials, Procurement, Project Management, HR and FP&A onto a unified cloud platform. "
target parent: Verdane Capital
target: Scanmarket
Based in Denmark, Scanmarket is a source-to-contract (S2C) software provider. Its S2C solution is attuned to meet the needs of procurement, legal, and finance professionals with applications for strategic sourcing, contract lifecycle management, and third-party risk management.
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closed 3/10/2022 via BNC Analysis

Ninjacart, acquired Tecxprt

synopsis: Ninjacart, India's largest fresh produce supply chain company, has acquired Tecxprt, a provider of SaaS-based business solutions in India. Tecxprt offers a business suite that transforms the supply chain process. Their platform provides solutions for invoicing, digital procurement, logistics, vehicle management, warehouse management, and more.
buyer: Ninjacart
Ninjacart is India's largest fresh produce supply chain company. Ninjacart connects producers of food with retailers, restaurants, and service providers using in-house apps that drive end to end operations. They source fresh produce from farmers and deliver them to businesses within 12 hours. "
target: Tecxprt
Tecxprt is a leading provider of SaaS-based business solutions in India. Tecxprt offers a business suite that transforms the supply chain process. Their platform provides solutions for invoicing, digital procurement, logistics, vehicle management, warehouse management, and more.
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closed 1/11/2022 via PR Web

Simfoni Limited, acquired EC Sourcing Group Inc.

synopsis: Simfoni has acquired EC Sourcing Group, an established leader in eSourcing and decision award optimization. EC Sourcing Group’s eSourcing solution offers market-leading eRFX, eAuction, and Contract Management features, and has standout capabilities for automation of sourcing award decisions.
buyer: Simfoni Limited
Simfoni provides Spend Analytics and Spend Automation products to leading global enterprises. Simfoni's platform utilizes machine learning and AI to accelerate and automate key aspects of the procurement process, saving customers time and money and paving the way toward supply chain sustainability. "
target: EC Sourcing Group Inc.
EC Sourcing Group is a global procurement technology solutions provider comprised of former sourcing and procurement veterans. The company offers on-demand supply management solutions for strategic sourcing professionals that are comprehensive, robust, and easy-to-use.
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announced 1/5/2022 via BusinessWire

Esker, will acquire Market Dojo

synopsis: Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, is to acquire Market Dojo Limited, a UK-based eProcurement software company.
buyer: Esker (ENXTPA:ALESK:$147.56)
Esker is a global cloud platform built to unlock strategic value for finance and customer service professionals, and strengthen collaboration between companies by automating the cash conversion cycle. "
target: Market Dojo
Market Dojo Limited is a UK-based eProcurement software company. Market Dojo’s eSourcing cloud solution was created to address the need for structured and digitized processes in procurement.
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closed 12/29/2021 via Company Press Release

ReadyTech Holdings Limited, acquired Open Windows Software

synopsis: ReadyTech, an Australian provider of mission-critical SaaS for the education, workforce management, government and justice sectors, has acquired Open Windows Software. Based in Hawthorn, Australia, Open Windows is a provider of cloud-based contract management and procurement software.
buyer: ReadyTech Holdings Limited (ASX:RDY:$34.97)
Based in Australia, ReadyTech is a leading provider of mission-critical SaaS for the education, workforce management, government and justice sectors. ReadyTech creates technology that helps their customers navigate complexity, while also delivering meaningful outcomes. "
target: Open Windows Software
Based in Australia, Open Windows ‘Modular Procurement’ suite offers Procurement Managers nine functional modules to manage every stage of the contract lifecycle, from tenders and sourcing to contract management and supplier performance to workflow automation and project management.
price ($mm)
$3.43
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closed 11/17/2021 via PR Newswire

Banyan Software, acquired Atamis Ltd

synopsis: Banyan Software, Inc., a company focused on acquiring, building and growing great enterprise software businesses, has acquired Atamis Ltd., a leading UK procurement software provider. Atamis helps public and private sector businesses to maximise productivity. Their software suite allows users to analyze, plan, and manage their procurement spend.
buyer: Banyan Software
Banyan Software acquires, builds, and grows great enterprise software businesses. With a permanent capital base, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized markets. "
target: Atamis Ltd
Atamis is a leading UK procurement software provider. Atamis helps public and private sector businesses to maximise productivity and increase efficiency throughout the strategic sourcing cycle. Their software suite allows users to analyze, plan, source and manage their procurement spend.
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closed 5/5/2021 via BNC Analysis

Pollen Street Capital, acquired Proactis Holdings PLC

synopsis: The private equity firm Café Bidco, a wholly-owned indirect subsidiary of investment funds advised and managed by Pollen Street Capital — a London-based, independent and alternative investment management firm — has reached an agreement to buy Proactis Holdings, a specialist in source-to-pay software.
buyer: Pollen Street Capital
Pollen Street Capital, based in London, is a private equity fund manager focussed on investing in businesses in the financial services sector. Pollen Street Capital has invested over £1.2bn in a range of businesses across all stages of development. "
target: Proactis Holdings PLC (AIM:PHD:$68.02)
Proactis, based in the UK, helps organisations around the world to operate faster, leaner, smarter. They enable buyers and sellers to eliminate wasted time, money and talent by transforming the way they buy and sell all types of goods and services. They offer spend management solutions.
price ($mm)
$98
rev ($mm)
$67
EBITDA ($mm)
EV / rev
1.5x
EV / EBITDA
announced 4/12/2021 via BNC Analysis

Tipalti, will acquire Approve.com

synopsis: Tipalti, a global accounts payable (AP) automation technology company, will acquire Approve.com, a provider of cloud-based procurement solutions. Approve.com offers a customizable procurement system that helps companies to take control of their business spend by simplifying requisitions, approvals, in-the-moment budgets and supplier onboarding.
buyer: Tipalti
Tipalti is a global accounts payable (AP) automation technology company. Tipalti is a cloud platform that streamlines the entire AP process. Their platform provides solutions for supplier onboarding, invoice management, payments, reconciliation, and more. "
target: Approve.com
Approve.com is a provider of cloud-based procurement solutions. Approve.com offers a customizable procurement system that helps companies to take control of their business spend by simplifying requisitions, approvals, in-the-moment budgets and supplier onboarding.
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announced 2/10/2021 via BNC Analysis

Mercell Holding AS, will acquire Negometrix

synopsis: Mercell Holding AS, a leading European provider of public e-tendering services, will acquire Negometrix B.V., a Dutch provider of e-procurement software solutions. Negometrix offers a complete e-procurement and contract management solution that streamlines the entire procurement process.
buyer: Mercell Holding AS (OB:MRCEL-ME:$48.52)
Mercell is a leading Nordic provider of eTender system and Tender Offers. Suppliers in all industries use Mercell eTender system to find tenders and contracts in the public sector. They simplify the public procurement process and makes it easy for the buyer to interact with suppliers. "
target: Negometrix
Negometrix is a Dutch provider of e-procurement software solutions. Negometrix offers a complete e-procurement and contract management solution that streamlines the entire procurement process. Their software features solutions for e-sourcing, e-purchasing, contract management, and more.
price ($mm)
$33
rev ($mm)
$7
EBITDA ($mm)
EV / rev
4.5x
EV / EBITDA
closed 10/14/2020 via PR Newswire

EC Sourcing Group Inc., acquired BidMode, Inc.

synopsis: EC Sourcing Group, a provider of SaaS sourcing technology solutions, has acquired BidMode, a logistics and procurement software as a service company. With the acquisition, EC Sourcing Group has expanded its use of machine learning and AI, improved eSourcing & optimization, and increased analysis functionality from integrating BidMode's technology.
buyer: EC Sourcing Group Inc.
EC Sourcing Group is a global procurement technology solutions provider comprised of former sourcing and procurement veterans. The company offers on-demand supply management solutions for strategic sourcing professionals that are comprehensive, robust, and easy-to-use. "
target: BidMode, Inc.
Bidmode is a logistics and procurement software as a service company. The company's best in class sourcing optimization software works in tandem with its analytics to identify opportunities and provide flexible, customized reporting.
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closed 8/19/2020 via BNC Analysis

DocuNordic, acquired VORTAL

synopsis: Vortal, a company specializing in electronic public procurement, was sold to DOCU Nordic, owned by the British fund Stirling Square Capital Partners. Based in Portugal, VORTAL is a worldwide leading company offering eSourcing and eProcurement solutions. In their cloud eMarketplace, thousands of buyers connect every day with qualified suppliers.
buyer parent: Stirling Square Capital Partners
buyer: DocuNordic
DOCU Nordic, owned by the British fund Stirling Square Capital Partners, is a leading company in the Nordic countries in the “marketing intelligence” business, with a presence in the Czech Republic and Slovakia. "
target: VORTAL
Based in Portugal, VORTAL is a worldwide leading company offering eSourcing and eProcurement solutions. In their cloud eMarketplace, thousands of public and private buyers connect every day with an international community of qualified suppliers.
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closed 11/20/2019 via BNC Analysis

Medius, acquired Wax Digital Ltd.

synopsis: Medius, a leading global provider of accounts payable (AP) invoice automation solutions, announced that it has acquired Wax Digital, an industry leading e-procurement and spend management solutions provider headquartered in the U.K.
buyer parent: Marlin Equity Partners
buyer: Medius
Based in Sweden, Medius is a leading global provider of accounts payable (AP) invoice automation solutions helping companies drive their business forward by providing best-in-class process efficiency and greater financial control. "
target: Wax Digital Ltd.
Based in the UK, Wax Digital has been working closely with savings-focused organisations to deliver e-Procurement and spend management solutions that help them get better value from their buying. Wax Digital provides web3, an innovative spend management software suite.
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closed 6/25/2019 via BNC Analysis

Main Capital Partners BV, acquired Onventis GmbH

synopsis: Netherlands-based Main Capital, a strategic investor focused on the software sector, has acquired Onventis, a cloud-based platform provider for e-procurement headquartered in Germany. Onventis’s software offers buyers and suppliers a user-friendly, fully-integrated suite to connect, automate, and control the entire chain from sourcing to payment.
buyer: Main Capital Partners BV
Netherlands-based Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, Germany, Austria, Switzerland, and Nordics regions. Within this sector, Main Capital is the most specialized company in management buyouts and later-stage growth capital. "
target: Onventis GmbH
Germany-based Onventis is a cloud-based platform provider for e-procurement solutions for midsize enterprises. The Onventis Cloud Procurement Network connects B2B business processes for buyers and suppliers through a suite to connect, automate, and control the entire chain from sourcing to payment.
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closed 5/14/2019 via BusinessWire

eRequester merged with Fraxion,

synopsis: Fraxion, a cloud-based procure-to-pay solution for easy business spend management, has merged with eRequester, a US based e-procurement software suite leader.
buyer: Fraxion
Fraxion offers an innovative cloud solution for spend enablement and efficiency trusted by thousands of brands worldwide. Using Fraxion, businesses can spend smarter and streamline the procurement process for better business outcomes. They are based in South Africa. "
target parent: Roman Road Capital Partners LLC
target: eRequester
eRequester is a developer of an enterprise software designed to facilitate corporate accountability. The company's enterprise software and web-based application suite offers powerful requisition, PO, invoice automation and expense management tools.
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announced 5/10/2019 via BNC Analysis

Mercell Holding AS, will acquire EU Supply PLC

synopsis: EU Supply PLC, one of UK's leading suppliers of electronic tender management and contract management solutions will be acquired by Norwegian peer Mercell Holding AS, a provider of eTender system and Tender Offers.
buyer: Mercell Holding AS (OB:MRCEL-ME:$48.52)
Mercell is a leading Nordic provider of eTender system and Tender Offers. Suppliers in all industries use Mercell eTender system to find tenders and contracts in the public sector. They simplify the public procurement process and makes it easy for the buyer to interact with suppliers. "
target: EU Supply PLC (AIM:EUSP:$6.63)
Headquartered in the UK, EU-Supply is one of Europe's leading suppliers of electronic tender management and contract management solutions. The company is focused on procurement and contract management.
price ($mm)
$21
rev ($mm)
$7
EBITDA ($mm)
$1
EV / rev
3.1x
EV / EBITDA
23.9x
closed 4/10/2019 via GlobeNewswire

Corcentric, LLC, acquired Determine, Inc.

synopsis: Corcentric, a fast-growing provider of procurement and financial process automation solutions, has completed its purchase of substantially all of the assets of Determine, Inc, a leader in global Source-to-Pay and Enterprise Contract Lifecycle Management solutions.
buyer: Corcentric, LLC
Corcentric's procurement and finance solutions help companies run smarter, enabling them to control their spending and increase their cash flow by optimizing how they purchase, pay, and get paid. "
target: Determine, Inc. (K:DTRM:$26.02)
Determine, Inc. is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance.
price ($mm)
$32
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closed 1/18/2019 via BNC Analysis

Verdane Capital, acquired Scanmarket

synopsis: Verdane Capital, a private equity firm, has acquired a 90% stake in Scanmarket's source-to-contract company. Scanmarket is a market-leading global strategic sourcing platform that since 1999 has delivered superior bottom-line results in savings, transparency and efficiency to hundreds of organizations globally. They are headquartered in Denmark.
buyer: Verdane Capital
Verdane funds provide flexible growth capital to fast growing software, consumer internet, energy or high-technology industry businesses. The funds are distinctive in that they can invest either in a single company, or in portfolios of companies. "
target: Scanmarket
Scanmarket is a market-leading global strategic sourcing platform that since 1999 has delivered superior bottom-line results in savings, transparency and efficiency to hundreds of organizations globally. They are headquartered in Denmark.
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closed 11/25/2020 via Company Press Release

Citrus Solutions Oy, acquired Noventia Oy

synopsis: Helsinki-based Citrus Solutions Oy has acquired the entire share capital of Noventia Oy, a Finnish provider of eSourcing solutions. Noventia’s solutions for eSourcing, Supplier Management, and Contract Management are an excellent complement to Citrus’ Legal Tech service portfolio as well as its strong software development and product expertise.
buyer: Citrus Solutions Oy
Citrus is a Finnish software and solutions provider that specializes in legal tech services. The company's myGDPR Service is a SaaS solution that helps organizations meet their duties with regard to the EU’s General Data Protection Regulation. "
target: Noventia Oy
Noventia is a Finnish provider of eSourcing solutions. The company's solution for eSourcing and Supplier management offers a platform for modern sourcing organizations to manage all supplier related information in both the public and private sectors.
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closed 11/25/2020 via Company Press Release

Citrus Solutions Oy, acquired Noventia Oy

synopsis: Helsinki-based Citrus Solutions Oy has acquired the entire share capital of Noventia Oy, a Finnish provider of eSourcing solutions. Noventia’s solutions for eSourcing, Supplier Management, and Contract Management are an excellent complement to Citrus’ Legal Tech service portfolio as well as its strong software development and product expertise.
buyer: Citrus Solutions Oy
Citrus is a Finnish software and solutions provider that specializes in legal tech services. The company's myGDPR Service is a SaaS solution that helps organizations meet their duties with regard to the EU’s General Data Protection Regulation. "
target: Noventia Oy
Noventia is a Finnish provider of eSourcing solutions. The company's solution for eSourcing and Supplier management offers a platform for modern sourcing organizations to manage all supplier related information in both the public and private sectors.
price ($mm)
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closed 11/25/2020 via Company Press Release

Citrus Solutions Oy, acquired Noventia Oy

synopsis: Helsinki-based Citrus Solutions Oy has acquired the entire share capital of Noventia Oy, a Finnish provider of eSourcing solutions. Noventia’s solutions for eSourcing, Supplier Management, and Contract Management are an excellent complement to Citrus’ Legal Tech service portfolio as well as its strong software development and product expertise.
buyer: Citrus Solutions Oy
Citrus is a Finnish software and solutions provider that specializes in legal tech services. The company's myGDPR Service is a SaaS solution that helps organizations meet their duties with regard to the EU’s General Data Protection Regulation. "
target: Noventia Oy
Noventia is a Finnish provider of eSourcing solutions. The company's solution for eSourcing and Supplier management offers a platform for modern sourcing organizations to manage all supplier related information in both the public and private sectors.
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closed 1/5/2022 via BusinessWire

ADERANT Holdings, Inc., acquired American LegalNet, Inc.

synopsis: Aderant, a leading global provider of business software to law firms, has acquired American LegalNet, a premier provider of litigation workflow solutions. American LegalNet provides cloud-based solutions that helps legal firms to simplify their workflow. They offer solutions for docketing, calendaring, court forms, eFiling and case monitoring.
buyer parent: Roper Technologies, Inc.
buyer: ADERANT Holdings, Inc.
Aderant is a global industry leader which provides comprehensive business management software for law firms and other professional services organizations. Aderant offers a suite of legal business solutions that enable agility within law firms of all sizes around the globe. "
target: American LegalNet, Inc.
American LegalNet is a premier provider of litigation workflow solutions. American LegalNet provides cloud-based solutions that helps legal firms to simplify their workflow. They offer solutions for docketing, calendaring, court forms, eFiling and case monitoring.
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closed 9/8/2021 via PR Newswire

Clio, acquired Lawyaw

synopsis: Clio, the world's leading provider of cloud-based legal technology, has acquired Lawyaw, a provider of legal document automation solutions. Lawyaw provides cloud-based document workflow solutions that help law firms to save time and reduce errors. Their software enables users to turn their legal documents into easy-to-populate online templates.
buyer: Clio
Clio is the leader in cloud-based legal technology solutions. Clio empowers lawyers to be both client-centered and firm focused through a suite of cloud-based solutions, including practice management, CRM and client intake software. "
target: Lawyaw
Lawyaw is a provider of legal document automation solutions. Lawyaw provides cloud-based document workflow solutions that help small law firms to save time and reduce errors on routine drafting. Their software enables users to turn their legal documents into easy-to-populate online templates.
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closed 5/18/2021 via Company Press Release

Ontario Teachers' Pension Plan, acquired Mitratech, Inc.

synopsis: Ontario Teachers Pension Plan, Canada’s largest single-profession pension plan, has acquired a majority stake in Mitratech, a provider of legal and compliance software, from TA Associates and Hg.
buyer: Ontario Teachers' Pension Plan
The Ontario Teachers’ Pension Plan is Canada’s largest single-profession pension plan, with $201.4 billion in net assets at June 30, 2019. It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annual total-fund net return of 9.7% since 1990."
target parent: TA Associates
target: Mitratech, Inc.
Mitratech is a proven global technology partner for corporate legal, risk, and compliance professionals, offering a proven portfolio of end-to-end solutions that spread operational best practices throughout the enterprise, standardizing processes, and accelerating time-to-value.
price ($mm)
$1,500
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announced 9/15/2015 via Reuters

TA Associates, will acquire Mitratech, Inc.

synopsis: Vista Equity Partners has agreed to sell enterprise legal services provider Mitratech Holdings Inc to private equity firm TA Associates, one of the oldest and largest growth private equity firms in the world. Mitratech provides management software for the legal departments of companies, including more than 25% of the Fortune 500 companies.
buyer: TA Associates
TA Associates is one of the oldest and largest growth private equity firms in the world. They invest in growing private companies in exciting industries, with the goal of helping management teams build their businesses into great companies. "
target parent: Vista Equity Partners
target: Mitratech, Inc.
Mitratech is the most trusted, market-leading provider of fully-integrated Enterprise Legal Management (ELM) solutions for over 750 global legal departments of all sizes, representing 7 of the Fortune 10, almost 40% percent of the Fortune 500, and over 100,000 users in over 150 countries.
price ($mm)
$300
rev ($mm)
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closed 10/31/2011 via Market Wire

Vista Equity Partners, acquired Mitratech, Inc.

synopsis: Mitratech, the leader in Corporate Legal Automation solutions including Matter Management, e-Billing, and Governance Risk and Compliance automation, announced that it has been acquired by Vista Equity Partners, a private equity firm with $6 billion in committed capital.
buyer: Vista Equity Partners
Vista Equity Partners, a U.S. based private equity firm with offices in San Francisco, Chicago and Austin, invests nearly $5 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. "
target: Mitratech, Inc.
Mitratech provides Collaborative Accountability Applications for businesses. Its TeamConnect Collaborative Accountability Suite improves transparency of financial reporting, reduces exposure to risk, and improves information security and the efficiency of enterprise processes.
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closed 8/26/2021 via PR Newswire

InfoTrack, acquired Green Filing, LLC

synopsis: The InfoTrack group of companies, a global leader in legal technology, has completed its acquisition of Green Filing, one of the most innovative providers of electronic court filing and related services. Green Filing offers eFiling for court documents in six states directly through its web portal and via a network of white-labelled re-sellers,
buyer: InfoTrack
InfoTrack is a global innovator in legal technology servicing the needs of the legal market in Australia, New Zealand, the U.K, and the U.S. InfoTrack is a leading provider of integrated SaaS platforms that enable clients to find, analyze, organize and communicate information efficiently. "
target: Green Filing, LLC
Green Filing is one of the most innovative providers of electronic court filing and related services. The company's mission is to provide easy, simple, and fast eFiling solutions to attorneys and their support staff in a safe, secure, and reliable manner.
price ($mm)
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closed 12/17/2020 via GlobeNewswire

Onit, acquired AXDRAFT, Inc.

synopsis: Onit, Inc., a leading provider of enterprise workflow automation and AI solutions, has acquired AXDRAFT, a document automation company that helps corporate legal departments draft legal documents 10 times faster and complete contracts like nondisclosure agreements and service agreements in less than five minutes.
buyer: Onit
Onit is a leading provider of enterprise workflow solutions including enterprise legal management, contract management and business process automation. Their Enterprise Legal Management solution transforms the way legal departments drive operational and process improvements. "
target: AXDRAFT, Inc.
AXDRAFT is a document automation company that helps corporate legal departments draft legal documents 10 times faster and complete contracts like nondisclosure agreements and service agreements in less than five minutes.
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closed 5/15/2019 via Company Press Release

Oodrive Group, acquired LegalBox SAS

synopsis: Oodrive, the European leader in sensitive data management, acquired LegalBox, the French specialist in workflow automation solutions and electronic signature books. LegalBox, which specializes in electronic documents with probative value, assists companies in their digitization projects for incoming, internal, and outgoing document workflow.
buyer: Oodrive Group
As European leader in sensitive data management, Oodrive provides Digital Workplace solutions for professionals to Share, Save and Sign their sensitive data, meeting the most demanding international security certifications. "
target: LegalBox SAS
LegalBox SAS is a French specialist in workflow automation solutions and electronic signature books. LegalBox, which specializes in electronic documents with probative value, assists companies in their digitization projects for incoming, internal, and outgoing document workflow.
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closed 7/19/2019 via PR Newswire

Thomson Reuters, acquired HighQ Solutions Ltd.

synopsis: Thomson Reuters announced that it has acquired HighQ, a leading collaboration platform for the legal and regulatory market. HighQ offers a secure cloud-based platform for business collaboration, workflow automation and client engagement.
buyer: Thomson Reuters (TRI:$6,348.00)
Thomson Reuters is a leading provider of business information services. Their products include highly specialized information-enabled software and tools for legal, tax, accounting, and compliance professionals combined with the world's most global news service—Reuters. "
target: HighQ Solutions Ltd.
Based in the UK, HighQ is a leading provider of cloud-based enterprise collaboration and publishing software. They provide innovative social software to some of the world’s leading law firms, investment banks and corporations.
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closed 6/28/2022 via GlobeNewswire

Wolters Kluwer Legal & Regulatory, acquired Level Programs S.L.

synopsis: Wolters Kluwer Legal & Regulatory, a leading global provider of information, business intelligence, and regulatory and legal workflow solutions, has acquired Level Programs S.L., a provider of legal practice management software in Spain. Level Programs will become part of Legal & Regulatory’s Legal Software business in Europe.
buyer parent: Wolters Kluwer NV
buyer: Wolters Kluwer Legal & Regulatory
Wolters Kluwer Legal & Regulatory is a leading global provider of information, business intelligence, and regulatory and legal workflow solutions for legal, corporate, and compliance professionals across several industries. "
target: Level Programs S.L.
Level Programs is a provider of legal practice management software in Spain. Its main product, LEVEL Kmaleon, is a software platform that covers file management, contact management, documentary control, time and cost control, and billing and accounting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/12/2022 via BusinessWire

Versaterm Inc., acquired FivePoint Solutions

synopsis: Versaterm Public Safety, a global public safety solutions company, has acquired FivePoint Solutions, a data integration solutions company for the judicial and public safety space, to strengthen its public safety ecosystem with comprehensive data exchange capabilities that provide anytime, anywhere access to accurate, up-to-date information.
buyer parent: Banneker Partners
buyer: Versaterm Inc.
Versaterm Public Safety is a global public safety software company, delivering success to agencies, large and small, with an end-to-end ecosystem of solutions from community engagement to case closure. "
target: FivePoint Solutions
FivePoint Solutions is an industry leader in innovative State and Local software solutions. Since its inception, FivePoints has designed its products with an emphasis on integration and automation with a common goal of making critical data easily accessible for improved decision-making.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/15/2022 via BusinessWire

ActionStep Software Ltd., acquired LawMaster

synopsis: Actionstep, the cloud-based practice management platform for law firms, announced that it has acquired the legal software business, LawMaster. The LawMaster group has developed and supports two leading legal practice software products - LawMaster® and mattero™, which provide management solutions for different practice needs.
buyer: ActionStep Software Ltd.
Actionstep is a fast-growing, dynamic SaaS business with a global customer base and team. Actionstep provides an adaptable, all-in-one legal practice management platform for modern mid-market law firms. "
target: LawMaster
The LawMaster group has developed and supports two leading legal practice software products - LawMaster® and mattero™, which provide management solutions for different practice needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/9/2022 via BusinessWire

ADERANT Holdings, Inc., will acquire viGlobal, Inc

synopsis: Aderant, an industry leader of Business of Law and Practice of Law technology solutions, announced that it has signed a definitive agreement to acquire the assets of viGlobal, which ranks number one amongst law firms, and is a leading provider of people management software in the professional services market.
buyer parent: Roper Technologies, Inc.
buyer: ADERANT Holdings, Inc.
Aderant is a global industry leader which provides comprehensive business management software for law firms and other professional services organizations. Aderant offers a suite of legal business solutions that enable agility within law firms of all sizes around the globe. "
target: viGlobal, Inc
viGlobal is a leading people management software company focused on serving the professional services vertical market. The company has a wide range of strategic people management products including recruitment, new hire integration, performance management, and learning management solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/9/2022 via BusinessWire

LawPay LLC, will acquire MyCase Inc.

synopsis: AffiniPay, the parent company of LawPay, announced that it will acquire legal practice management software company, MyCase, from funds advised by Apax. MyCase covers the entire client lifecycle with lead management, case management, billing and invoicing, and robust reporting.
buyer parent: TA Associates
buyer: LawPay LLC
LawPay was developed specifically to help law firms streamline billing and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country. "
target parent: Apax Partners
target: MyCase Inc.
MyCase is complete legal practice management software designed for the modern law firm. MyCase covers the entire client lifecycle with lead management, case management, billing and invoicing, and robust reporting.
price ($mm)
$24
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/8/2022 via BNC Analysis

Syntheia, acquired Motionize

synopsis: Syntheia, a legal knowledge platform in Australia, has acquired Motionize, a document automation and management solution for legal practitioners. Motionize is an AI powered contract drafting tool built inside Microsoft Word that enables law firms to draft their agreements 50% faster, compare clauses, and identify problems in their document.
buyer: Syntheia
Syntheia is a legal knowledge platform in Australia. Syntheia helps law firms to empower their legal work with the data from their contracts. Their platform transforms contracts into reliable and reusable data to deliver relevant and useful information and insights. "
target: Motionize
Motionize is a document automation and management solution for legal practitioners. Motionize is an AI powered contract drafting tool built inside Microsoft Word that enables law firms to draft their agreements 50% faster, find and compare clauses, and identify potential problems in their document.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/20/2022 via BusinessWire

Paradigm Software, acquired LollyLaw

synopsis: Paradigm, a leading provider of legal software, has announced its acquisition of LollyLaw, an award-winning cloud-based practice management solution built for immigration law firms. LollyLaw is consistently rated as one of the easiest-to-use legal case management platforms and serves law firms across family and business immigration.
buyer parent: Francisco Partners Management LLC
buyer: Paradigm Software
Paradigm offers a suite of legal software solutions to help lawyers manage, automate and grow their firms. With three legal practice management platforms — PracticePanther, Bill4Time, and MerusCase – Paradigm empowers lawyers across the spectrum of practice area, geography, and business needs. "
target: LollyLaw
LollyLaw is an award-winning cloud-based practice management solution built for immigration law firms. LollyLaw is consistently rated as one of the easiest-to-use legal case management platforms and serves law firms across family and business immigration.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/5/2021 via PR Newswire

Dye & Durham Corporation, will acquire GlobalX Pty Ltd

synopsis: Dye & Durham, a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, is to acquire GlobalX, a leading Australian technology business that develops integrated and innovative software solutions and services used by thousands of law firms.
buyer: Dye & Durham Corporation (TSX:DND:$234.31)
Dye & Durham is a Canadian provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity. The company provides critical information services and workflow, which clients use to manage their process, information, and regulatory requirements. "
target: GlobalX Pty Ltd
GlobalX is a leading Australian technology business that develops integrated and innovative software solutions and services used by thousands of law firms.
price ($mm)
$131
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/23/2020 via BNC Analysis

PracticeEvolve, acquired Solicitors Own Software

synopsis: Solicitors Own Software (SOS) has been acquired by PracticeEvolve Group. Since 1987, SOS Legal has delivered practice and case management software and services to progressive law firms. Their customized solutions manage business processes securely and efficiently, freeing legal teams to focus on client services and future growth.
buyer: PracticeEvolve
Based in Australia, PracticeEvolve develops premier software for mid-tier and top-tier law firms, internationally. PracticeEvolve is comprised of a dedicated team of industry experts, who have decades of experience in the design and development of innovative software solutions. "
target: Solicitors Own Software
Solicitors Own Software (SOS) delivers practice and case management software and services to progressive law firms. Their customized solutions manage business processes securely and efficiently, freeing legal teams to focus on client services and future growth.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/9/2020 via GlobeNewswire

Apax Partners, will acquire MyCase Inc.

synopsis: AppFolio, Inc., a leading provider of cloud-based business software solutions, services and data analytics, will sell 100% of the equity interest of its wholly-owned subsidiary, MyCase, which provides legal practice and case management software solutions, to Funds advised by Apax Partners.
buyer: Apax Partners
Apax Partners is a leading global private equity advisory firm. The Apax Funds invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. "
target parent: AppFolio
target: MyCase Inc.
Founded in 2010, MyCase is a leading provider of cloud-based legal practice management software and payment services to law firms serving over 11,000 customers. MyCase has offices in Santa Barbara, CA and San Diego, CA.
price ($mm)
$193
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Geography
Matching Companies
Ticker: ENXTBR:UPG
 
 
 
 
 
 
 
 
UnifiedPost
Unifiedpost Group wants to become the leading cloud-based platform for SME business services built on “Documents”, “Identity” and “Payments”. Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services.
year
2020
rev ($mm)
$70.52
EBITDA ($mm)
($13.98)
EBIT ($mm)
($19.53)
Net Income ($mm)
Employees
757
  • drill down
  • watch
Ticker: NINE
 
 
 
 
 
 
 
 
Ninetowns Internet Technology Group Company Limited
Ninetowns Internet Technology Group Company Limited
Ninetowns is a provider of online solutions for international trade, with its key services in automating import/export e-filing, as well as in providing effective and efficient business-to-business search. Ninetowns launched tootoo.com in 2007, providing vertical search and value added services.
year
2011
rev ($mm)
$75.22
EBITDA ($mm)
($21.52)
EBIT ($mm)
($41.57)
Net Income ($mm)
$3.53
Employees
509
  • drill down
  • watch
Ticker: SQI
 
 
 
 
 
 
 
 
JAGGAER
JAGGAER
JAGGAER is a leading provider of end-to-end spend management solutions. JAGGAER offers an all-in-one procurement software platform that provides modular solutions for spend analytics, eProcurement, invoicing, sourcing, quality management, inventory management, and more.
year
2016
rev ($mm)
$106.31
EBITDA ($mm)
$9.42
EBIT ($mm)
$3.98
Net Income ($mm)
$3.21
Employees
513
  • drill down
  • watch
Ticker: RDT.L
 
 
 
 
 
 
 
 
Rosslyn Data Technologies
Rosslyn Data Technologies
Rosslyn Data Technologies is a leading provider of a Cloud-based enterprise data analytics platform. The Company combines four key technologies: data extraction; cleansing; enrichment; and visualisation, into a single cloud platform enabling users with detailed data to make more informed decisions.
year
2019
rev ($mm)
$9.02
EBITDA ($mm)
($1.04)
EBIT ($mm)
($2.09)
Net Income ($mm)
Employees
62
  • drill down
  • watch
Ticker: ASX:TDY
 
 
 
 
 
 
 
 
thedocyard
thedocyard
thedocyard is a global leader in end-to-end transaction management solutions. thedocyard offers a cloud-based deal management platform that can manage the entire lifecycle of any corporate or commercial transaction. The platform enables advisers to run and execute every stage of a deal in one place.
year
2020
rev ($mm)
$0.49
EBITDA ($mm)
($1.70)
EBIT ($mm)
($1.74)
Net Income ($mm)
Employees
880
  • drill down
  • watch
Ticker: COUP
 
 
 
 
 
 
 
 
Coupa Software
Coupa Software
Coupa Software is the cloud platform for business spend. They deliver “Value as a Service” by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability.
year
2020
rev ($mm)
$458.37
EBITDA ($mm)
($42.72)
EBIT ($mm)
($77.66)
Net Income ($mm)
Employees
1693
  • drill down
  • watch
Ticker: OB:HOC-ME
 
 
 
 
 
 
 
 
House of Control
House of Control
House of Control is the leading Nordic SaaS company for commercial value management solutions. House of Control develops digital tools to help CFOs improve the performance of their finance department and company. They offer solutions for contract management, compliance, procurement, and more.
year
2021
rev ($mm)
$16.40
EBITDA ($mm)
($6.27)
EBIT ($mm)
($6.95)
Net Income ($mm)
Employees
128
  • drill down
  • watch
Ticker: NYSE:NOTE
 
 
 
 
 
 
 
 
FiscalNote Inc.
FiscalNote Inc.
FiscalNote is a leading global technology provider of legal and policy data and insights. By combining AI capabilities, expert analysis, and legislative, regulatory, and geopolitical data, FiscalNote is reinventing the way that organizations minimize risk and capitalize on opportunity.
year
2022
rev ($mm)
$82.91
EBITDA ($mm)
($39.89)
EBIT ($mm)
($51.51)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: OB:MRCEL-ME
 
 
 
 
 
 
 
 
Mercell Holding AS
Mercell Holding AS
Mercell is a leading Nordic provider of eTender system and Tender Offers. Suppliers in all industries use Mercell eTender system to find tenders and contracts in the public sector. They simplify the public procurement process and makes it easy for the buyer to interact with suppliers.
year
2021
rev ($mm)
$48.52
EBITDA ($mm)
$0.95
EBIT ($mm)
($2.79)
Net Income ($mm)
Employees
578
  • drill down
  • watch
Ticker: ASX:8CO
 
 
 
 
 
 
 
 
8common
8common
8common brings innovative enterprise software concepts to life, injecting a high-performing, product-driven culture and smart entrepreneurialism into every venture. 8common identifies, acquires and nurtures high potential businesses capable of startup agility and SaaS delivery.
year
2017
rev ($mm)
$2.91
EBITDA ($mm)
($0.12)
EBIT ($mm)
($0.41)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: LSE:HRG
 
 
 
 
 
 
 
 
Hogg Robinson plc
Hogg Robinson Group is a global corporate services provider. Through their Travel Management Company (HRG) and Technology Company (Fraedom), they help thousands of clients in over 120 countries manage their travel, expenses, payments and data.
year
2017
rev ($mm)
$431.25
EBITDA ($mm)
$58.56
EBIT ($mm)
$52.76
Net Income ($mm)
$28.70
Employees
4622
  • drill down
  • watch
Ticker: NZSE:SKO
 
 
 
 
 
 
 
 
Serko Limited
Serko Limited
Serko is a New Zealand-based provider of online travel booking and expense management solutions. Their solutions empower organisations to manage their corporate travel programs and expense administration with powerful, intuitive online tools.
year
2018
rev ($mm)
$13.86
EBITDA ($mm)
$1.28
EBIT ($mm)
$1.13
Net Income ($mm)
$1.12
Employees
106
  • drill down
  • watch
Ticker: ASX:RKN
 
 
 
 
 
 
 
 
Reckon Limited
Reckon Limited
Reckon Limited (RKN) is an Australian publicly listed company well known as a leading provider of software solutions for accounting and bookkeeping professionals, as well as small to medium sized businesses, small office/home office users and personal wealth management.
year
2020
rev ($mm)
$54.95
EBITDA ($mm)
$9.52
EBIT ($mm)
$8.47
Net Income ($mm)
$5.93
Employees
118
  • drill down
  • watch
Ticker: ENXTPA:GENX
 
 
 
 
 
 
 
 
Generix SA
Generix SA
Generix Group develops software solutions for the manufacturing, logistics and retail ecosystems, helping its customers to manage, pool, integrate and optimize their information flows.
year
2016
rev ($mm)
$65.21
EBITDA ($mm)
$4.70
EBIT ($mm)
$3.69
Net Income ($mm)
$1.39
Employees
376
  • drill down
  • watch
Ticker: 300051
 
 
 
 
 
 
 
 
Xiamen 35.Com Technology Co., Ltd.
Xiamen 35.Com Technology Co., Ltd.
Xiamen 35.Com Technology Co., Ltd. provides software products and information technology services to medium and small-scale enterprises in China. The company offers Internet business solutions, corporate communication solutions, and enterprise management solutions.
year
2015
rev ($mm)
$39.89
EBITDA ($mm)
($1.95)
EBIT ($mm)
($2.28)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: ASX:TDY
 
 
 
 
 
 
 
 
thedocyard
thedocyard
thedocyard is a global leader in end-to-end transaction management solutions. thedocyard offers a cloud-based deal management platform that can manage the entire lifecycle of any corporate or commercial transaction. The platform enables advisers to run and execute every stage of a deal in one place.
year
2020
rev ($mm)
$0.49
EBITDA ($mm)
($1.70)
EBIT ($mm)
($1.74)
Net Income ($mm)
Employees
880
  • drill down
  • watch