Announced
Completed
Financials
Tags
Domestic
Completed
Single Bidder
Private Equity
legal software
Private
Acquisition
Majority
Canada
Software
Friendly
Synopsis
Dye & Durham, a cloud-based software solutions provider, completed the acquisition of DoProcess, a legal software developer, from OMERS, a private equity firm, for $415m. "DoProcess is an extremely strategic acquisition for Dye & Durham, given its deeply embedded technology, market position and advanced cloud-based software platform. We have known DoProcess and its management team for many years and the acquisition provides us with a unique and very compelling opportunity to significantly scale our Canadian business in the near term. This is a highly sought-after asset for us, and we have strong conviction around the prospects and opportunities that can be created by combining Dye & Durham and DoProcess under a single platform," Matt Proud, Dye & Durham CEO.
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