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Announced

Completed

Serent Capital-backed Actionstep completed the acquisition of FilePro.

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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Single Bidder

Cross Border

Private Equity

Australia

legal software

Software

Acquisition

Private

Majority

Completed

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Synopsis

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Serent Capital-backed Actionstep, the cloud practice management platform for law firms, completed the acquisition of FilePro, the Perth-based legal software business. Financial terms were not disclosed. "We are excited to join forces with FilePro, who have an impressive history in the Australian legaltech space. Together we offer customers and team members an opportunity to be part of a global business and an exciting future technology investment plan. Our combined team look forward to working with FilePro customers to ensure continued quality of service and to understand how we can support their future business plans," David Hepburn, Actionstep Global President.

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