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New Deal


Announced

The Access Group to acquire Eclipse Legal Systems from Capita for $70m.

Financials

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Transaction Value£56m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA14.1x
Share Price Premium-
One Off Charge-

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Friendly

software systems

Private

Pending

Software

Majority

United Kingdom

Acquisition

Single Bidder

Domestic

Synopsis

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The Access Group, a provider of business software, agreed to acquire Eclipse Legal Systems, a provider of software systems, from Capita, an international business process outsourcing and professional services company, for $70m. “The addition of Eclipse Legal Systems, into the Access family, is a signal of our intent to further extend our presence in the Legal Sector through the provision of a comprehensive suite of solutions used daily by people focused on legal case management of all types, both in practice and in-house. The sector is exhibiting solid growth signals with the legal market forecast to grow at a CAGR of more than 14%, prior to Covid-19, reaching a total market size in excess of $2.2bn by 2024,” Chris Bayne, The Access Group CEO.

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