Announced
Financials
Tags
software development
Cross Border
Private
Majority
Single Bidder
United Kingdom
Completed
Software
Friendly
Acquisition
Synopsis
Pluribus Technologies, which specializes in acquiring small, profitable software companies, completed the acquisition of CHL Software, the developer of DocMoto, an app-based document and email management system. Financial terms were not disclosed. "The acquisition of Docmoto enables Pluribus to expand its digital enablement footprint into the document management space and gives us our first acquisition in the UK market. We see significant opportunities to not only increase DocMoto's sales into law firms in North America and the UK, but to cross-sell into the legal departments of Fortune 500 customers in the Pluribus portfolio of companies," Richard Adair, Pluribus CEO.
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