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New Deal


Announced

Completed

Thomson Reuters completed the acquisition of Casetext for $650m.

Financials

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Transaction Value£510m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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legal technology

Digital Services

Cross Border

United States

Acquisition

Majority

Single Bidder

Private

Friendly

Completed

Synopsis

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Thomson Reuters, a global content and technology company, completed the acquisition of Casetext, a provider of technology for legal professionals, for $650m. "We are thrilled to welcome the Casetext team to the Thomson Reuters family. Together, we will accelerate breakthroughs in generative AI for the benefit of our customers and markets. We believe this will revolutionize the way professionals work, and the work that they do," Steve Hasker, Thomson Reuters President and CEO.

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