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New Deal


Announced

Apax Partners to acquire MyCase from AppFolio for $193m.

Financials

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Transaction Value£147m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

law firm management

workflow automation

Private Equity

Software

Private

Friendly

Majority

legal software

Single Bidder

client communication

Acquisition

Cross Border

Pending

Synopsis

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Apax Partners, a private equity firm, agreed to acquire MyCase, a provider of legal practice and case management software solutions from AppFolio, a provider of cloud-based business software solutions for $193m. “MyCase software and its integrated payments greatly simplify law firm operations, so legal professionals have more time to do what they love most – serving their clients. Increasing adoption of cloud-based legal software is driving rapid growth, and MyCase is a leader in modern legal practice management through its best-in-class product and customer-centricity. We are excited to partner with Kim and the MyCase team to invest behind continued innovation and growth acceleration," Umang Kajaria, Apax Partner.

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