RELX-backed LexisNexis completed the acquisition of Parley Pro.

RELX-backed LexisNexis, a global data and analytics company, completed the acquisition of Parley Pro, a provider of contract lifecycle management solution. Financial terms were not disclosed. “Parley Pro’s CLM capabilities provide the critical third pillar—in addition to Legal Spend and Matter Management—to strengthen our already robust CounselLink platform. Together, CounselLink and Parley Pro will deliver greater overall value to ELM customers seeking CLM solutions by enabling more effective negotiation workflows and providing the right contextual insights to inform better decisions and create value for the organization,” Sean Fitzpatrick, LexisNexis UK and North America CEO.