Marks Baughan & Co., Inc. announced today that it served as exclusive financial advisor to Bowne & Co., Inc. in the recently announced sale of CaseSoft, Ltd. to The LexisNexis Group, a unit of Reed Elsevier. Terms of the transaction were not disclosed.
CaseSoft is a leading provider of knowledge management software. CaseSoft’s software is used by tens of thousands of professionals around the world-from solo practitioners, to the largest law firms, U.S. Department of Justice and United Nations International Criminal Tribunal for the Former Yugoslavia. www.casesoft.com.
“CaseSoft is one of the leading brands in litigation support software,” said Nick Baughan, Managing Member at Marks Baughan. “Their products provide a natural extension to the presence and offering that LexisNexis has developed in software for law firms.”
The transaction is the latest in the series of deals in the legal software and services market that has confirmed Marks Baughan position as the leading investment bank for legal technology firms. In addition to the CaseSoft transaction, Marks Baughan also was the exclusive advisor in November on the largest transaction to date for an electronic data discovery player in nMatrix’s $125 million sale to EPIQ Systems and the 2004 sale of Verilaw to LexisNexis. Baughan was also the advisor on the sale of Applied Discovery to LexisNexis.
The transaction also was the second deal in 2006 in which Marks Baughan served as advisor to Bowne, illustrating Marks Baughan’s commitment to developing long-term relationships with companies looking for objective, informed, creative financial advice to help achieve strategic and financial objectives.
For more information on this transaction, please contact:
Nick Baughan
Managing Member
610.616.3294
nbaughan@marbau.com
Bill Takeuchi
Director
610.616.3296
wtakeuchi@marbau.com
Chris Skoff
Associate
610.616.3297
cskoff@marbau.com
About Marks Baughan & Co.
Marks Baughan & Co. provides investment banking services to growth companies in the Financial Technology and Information Management sectors. Our narrow focus and deep expertise and relationships in these two verticals provide our clients with top-quality results driven by an efficient process. Started in 2004 by two former senior members of the Credit Suisse First Boston Technology Group, Marks Baughan & Co. has established itself as one of the most successful of the new boutique investment banks by combining bulge-bracket expertise with boutique service. Our clients range from public companies with multi-billion dollar market caps to private companies with $10 million in revenues. We deliver results for clients: advising on sales of entire companies and divisions, acquisitions, private placements of equity and debt securities, or strategic advisory services for CEOs and CFOs on public offerings, M&A plans, or investor positioning.