Two complementary document drafting and productivity tools come together to provide their clients with a comprehensive technology set throughout the document drafting lifecycle
Litera today announced the acquisition of DocsCorp, a global document productivity software provider, expanding choices law firms and corporations of all sizes will have going forward in selecting the tools they need to create, review, and share documents more efficiently and securely.
Both Litera and DocsCorp have developed their document drafting platforms in line with their clients’ vision of a simplified way to work seamlessly across multiple solutions. The acquisition will enable firms to add products unique to the other company to their respective document drafting platforms. For example, DocsCorp provides PDF editing and electronic binder creation, while Litera provides litigation and transaction tools.
“We are very pleased to announce this important acquisition for Litera. In DocsCorp, we add a business with a proven track record in the development of integrated solutions for the legal sector,” said Avaneesh Marwaha, CEO of Litera. “We constantly listen to our clients to understand their needs. They expect us to drive digital transformation for legal teams through a comprehensive, unified desktop experience – and this acquisition delivers on that expectation.”
The combination of Litera and DocsCorp joins two highly respected brands in the industry to deliver a robust suite of document drafting capabilities within one organization,” said Dean Sappey, DocsCorp CEO and Co-Founder. “This transaction extends Litera’s range of software technologies, enhancing its offering to the benefit of customers.”
Both companies share a deep commitment to empowering legal teams, enabling professionals of every skill level within a firm, legal department or corporation to transform their practice through technology.
Marks Baughan Securities served as exclusive financial advisor to DocsCorp.
For more information on this transaction, please contact:
Bill Takeuchi
wtakeuchi@marbau.com
610.616.3296
Ed Murtha
emurtha@marbau.com
610.365.7283
Braeden DeWan
bdewan@marbau.com
610.365.7284
About Marks Baughan Securities
Marks Baughan provides investment banking services to growth companies. Our clients are software, technology-enabled services and data-intensive companies seeking shareholder liquidity or growth capital. We work tirelessly alongside our clients and excel at defensible positioning and disciplined processes that maximize shareholder value. Our professionals come from senior positions at bulge-bracket firms, giving our clients access to the relationships and experience that come from our years of interaction with the top executives and investors in companies in our fields. Our clients receive top-flight advice throughout any advisory relationship, because our boutique approach allows our senior advisors to stay deeply involved with each client on a continuous basis. No handoffs to junior staff. No preferential client relationships. No conflicts of interest.
For additional information on Marks Baughan, see www.marksbaughan.com.
About DocsCorp
Document management professionals turn to DocsCorp when looking for easy-to-use software that empowers them to work safer and smarter. We are a global brand with more than 500,000 users in over 65 countries. Our product portfolio includes document creation, email recipient checking, metadata cleaning, document comparison, PDF creation, and image file conversion to PDF, which can be accessed on the desktop, server, or cloud.
Find out more at www.docscorp.com or follow us on LinkedIn, Twitter, Facebook, and Blog.
About Litera
Litera has been a global leader in legal technology for 25+ years, helping corporate legal teams in working more efficiently, accurately, and competitively. As a leader in document workflow, collaboration, and data management solutions, we empower legal teams with simplified technology for creating and managing all of their documents, deals, cases, and data.
For additional information on Litera, see www.litera.com.