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Announced

Completed

Five Arrows-backed Opus 2 completed the acquisition of Bar Squared.

Financials

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

Tags

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management software

Single Bidder

Domestic

Private Equity

Software

Majority

Acquisition

Friendly

Completed

United Kingdom

Private

Synopsis

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Five Arrows-backed Opus 2, a developer of integrated cloud-based software for the global legal disputes market, completed the acquisition of Bar Squared, a developer of chambers management software intended for barristers. Financial terms were not disclosed. “Bar Squared is a great business, and we are very excited about the possibilities this transaction has created. Opus 2 and Bar Squared are not only the established leaders within our respective markets but more importantly, we also share a strong client-focused culture and a deep understanding of our markets’ and clients’ needs," Graham Smith-Bernal, Opus 2 Executive Chairman.

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