Transactions

Marks Baughan Advises Peppermint Technology on its Sale to Litera

Litera, a global leader in legal technology for experience management, is pleased to announce the acquisition of Peppermint Technology, an innovative provider of technology solutions tailored to law firms and a valued Microsoft partner. This strategic acquisition significantly elevates the value law firms derive from their Microsoft applications, adding innovative marketing, business development, and case & matter management solutions to Litera’s suite of legal technology capabilities that manage the end-to-end legal experience.

At the core of Peppermint Technology’s offering is its CX365 platform, a fully integrated suite of legal specific applications built on Microsoft technology. CX365 combines CRM, ERM, matter management, and case management into a single, modern solution. Seamlessly integrated with Microsoft 365, these solutions enable lawyers and firms to efficiently manage tasks, collaborate across teams and practice groups, and make data-driven decisions that drive the business.

Gary Young, CEO of Peppermint Technology expressed, “We are very excited to become part of the Litera family, where our shared vision and offerings will deliver even more benefit to our customers and the wider legal sector. It is the right time in Peppermint’s growth journey to bring our businesses together, having similar cultures and ambition for our people, customers, and partners.”

“The combined offerings from Litera and Peppermint Technology will empower law firms to excel in client engagement and operational efficiency directly in the Microsoft tools they use every day,” said Avaneesh Marwaha, CEO of Litera. “We are excited to both integrate Peppermint’s innovative solutions into our portfolio and partner with Microsoft, accelerating Litera’s mission to transform top-to-bottom the entire legal experience and give our clients efficiencies they did not imagine possible.”

“As mutual customers of both Litera and Peppermint, we are excited about the opportunities this acquisition presents for our lawyers, enabling seamless access to some of our most utilised applications within the cloud,” said Mike Wilson, Managing Partner at leading law firm Blake Morgan. “By integrating our legal workflows directly into Microsoft cloud applications, we anticipate a significant boost in efficiency for our lawyers, and Litera and Peppermint have been key partners in achieving this vision. We look forward to continuing our collaboration and are confident that this acquisition further enhances the exceptional products and services we’ve come to expect.”

Marks Baughan Securities LLC served as exclusive financial advisor to Peppermint Technology.


For more information on this transaction, please contact:

Nick Baughan
+1 610.616.3294
nbaughan@marbau.com

John Jacobs
+44 207.927.7464
jjacobs@marbau.com

Chris Rose
+1 610.616.3298
crose@marbau.com

Braeden DeWan
+1 610.715.1809
bdewan@marbau.com

Kevin Mathew
+1 610.716.1040
kmathew@marbau.com

Bryce Mangene
+1 610.365.7283
bmangene@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 Peppermint Technology

Peppermint Technology is an innovative cloud software provider that exclusively serves the global legal market. As a valued Microsoft Independent Software Vendor for legal, Peppermint Technology provides modular legal applications that are proven to deliver positive business and client benefits.

About Litera

For 30 years, Litera has partnered with the world’s most innovative law firms to transform the attorney workflow experience with market-leading software and now with cutting-edge AI solutions. Litera offers powerful, user-friendly tools that simplify how modern firms optimize legal workflows, ensure secure collaboration, and organize firm knowledge. Helping more than 2.3 million legal professionals focus on their craft, Litera empowers firms to leverage their experience, gain a competitive edge, and unlock potential to win more business. Litera is The Legal Experience Company.