ADERANT, which is backed by Vista Equity Partners, has completed its buy of CompuLaw. Financial terms weren’t disclosed. Los Angeles-based CompuLaw provides automated court rules-based legal calendaring software. News of the deal was disclosed by Clear Capital Advisors, which provided financial advice to CompuLaw.
Investment banking firm Clear Capital Advisors, which advises middle market and emerging growth companies, today announced it served as exclusive advisor on the recently completed sale of CompuLaw LLC, a leading provider of automated rules-based legal calendaring solutions, to ADERANT, a portfolio company of Vista Equity Partners, a private equity firm with approximately $5 billion in committed capital.
Clear Capital Advisors, a Los Angeles-based division of Fallbrook Capital Securities Corp., member FINRA/SIPC, exclusively represented CompuLaw in the transaction.
Founded in 1978 and headquartered in Los Angeles, CompuLaw is the leading provider of automated court rules-based legal calendaring software. The company’s solutions are used by more than 1,000 law firms, including 75 of the top 100 firms in the U.S. CompuLaw recently introduced a Software-as-a-Service (SaaS) offering called Deadlines.com, which is aimed at addressing the need for accurate and reliable court rules-based calendaring at smaller law firms. With the introduction of Deadlines.com, CompuLaw’s offerings address the legal calendaring needs of firms of all sizes.
“Clear Capital Advisors provided excellent guidance throughout this process,” said David Kalmick, founder and CEO of CompuLaw. “We credit our advisors for finding the ideal partner for our company to drive its future growth.”
Bruce Pompan, founder and managing director of Clear Capital Advisors, said, “The combination of CompuLaw and ADERANT presents a potent offering to law firms of all sizes seeking cost-effective, integrated solutions.”
ADERANT, headquartered in Atlanta, is a leading provider of integrated business management software for law firms and other services organizations. Vista Equity Partners is a leading private equity firm focused on investing in software and technology-enabled businesses.
About Clear Capital Advisors
Clear Capital Advisors, a division of Fallbrook Capital Securities, member FINRA/SIPC, is an investment banking firm focused on providing mergers and acquisition advisory and capital raising services to meet the needs of management and shareholders of middle market and emerging growth companies. For more information, visit www.ClearCapitalAdvisors.com.