Questel announces the acquisition of doeLEGAL, an Enterprise Legal Management and eDiscovery legal technology company based in Wilmington, Delaware, with 50 years of experience. doeLEGAL’s mission is to provide clients with control over their cases and costs in order to make better-informed decisions.
“Questel and doeLEGAL share the same software DNA, and decades of proven best practices ensuring IP and legal teams have secure access to the most advanced data management technology,” said Tom Russo, CEO of doeLEGAL.
Questel has built a true end-to-end integrated platform of software and services addressing all the Intellectual Property needs and already covers more general legal needs such as invoice and cost management, which are very synergetic with ELM solutions.
“The Legaltech field is adjacent to Intellectual Property, and it will help fortify our core business to become a strong player in its periphery,” said Charles Besson, CEO of Questel.
Marks Baughan Securities LLC served as the exclusive financial advisor to doeLEGAL on this transaction.
For more information on this transaction, please contact:
Chris Skoff
+1 610.616.3297
cskoff@marbau.com
Ed Murtha
+1 610.365.7283
emurtha@marbau.com
Braeden DeWan
+1 610.365.7284
bdewan@marbau.com
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 doeLEGAL
doeLEGAL is an enterprise-level provider of legal operations tools and elevated support that gives corporate legal departments and law firms anytime, anywhere control over cases and costs to inform decision-making and drive more successful outcomes. Acting as their business partner, doeLEGAL provides clients valuable insights that reduce legal costs and increase legal performance by up to 65%.
For additional information on doeLEGAL, see www.doelegal.com.
About Questel
Questel is a true end-to-end intellectual property solutions provider to more than 6,000 clients and 1M users across 30 countries. We offer a comprehensive software suite for searching, analyzing and managing inventions and IP assets. Questel also provides services throughout the IP lifecycle, including prior art searches, patent drafting, international filing, translation, and renewals. These solutions, when combined with our IP cost management platform, deliver clients an average savings of 30-60% across the entire prosecution budget.
For additional information on Questel, see www.questel.com.