Announced
Financials
Tags
Single Bidder
Private
Acquisition
Canada
Software
Domestic
Pending
software development
Majority
Friendly
Synopsis
Dye & Durham, a provider of cloud-based software and technology solutions, agreed to invest in Courthouse Solutions, an Ontario-based start-up technology company with proprietary software that helps modernize the workflow of Canadian courts. Financial terms were not disclosed. "This acquisition is consistent with our mandate to remain at the forefront of the rapid digitalization of the industries we serve. We are looking forward to working with CHS's founders, Jeff Lanctot and Tim Kennaley, to further expedite the development and commercialization of CHS's Dockets software platform, which we believe has the potential to significantly increase the efficiency of courts across Canada," Matt Proud, Dye & Durham CEO.
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