The Austin-based Mitratech, a provider of enterprise legal management solutions, recently announced the acquisition of the CaseTrack product line from Economic Analysis Group – its second acquisition of a solution provider in the past two months.
According to an Aug. 24 press release, following the acquisition, Mitratech’s client base has expanded to more than 750 clients.
“Over the last few years, Mitratech has discovered an opportunity to lead the development of the next generation of legal department technology by launching powerful and flexible – yet easy to deploy, use, and upgrade – enterprise legal management solutions that are purpose-built for legal departments of every size and level of complexity, “ said Jason Parkman, Mitratech CEO.
“With the acquisition of CaseTrack, more than 100 additional legal departments join the Mitratech family and now have the ability to benefit from our strong and continuous investment in the latest legal technology. These clients join the most well-respected, leading community of enterprise legal management users in the world, now representing over 750 legal departments globally.”
The of enterprise legal management industry emerged two decades ago with the establishment of point solutions for legal department challenges, including solutions for matter management, e-Billing, legal hold, contracts management, and more.
“Mitratech is an ideal home for CaseTrack clients,” noted Eric Blankenship, EAG’s president. “Clients will benefit from a large, experienced, and resource-rich organization that is 100 percent focused on solving the challenges of the general counsel’s office by delivering the best legal technology solutions in the market.”
The financial terms of the deal are not being disclosed. Kenyon Group, LLC served as exclusive financial advisor to Economic Analysis Group, Ltd. and arranged this transaction.