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Combined businesses focus on practice management technology needs of mid-market law firms

AUSTIN, Texas & SAN FRANCISCO–(BUSINESS WIRE)–Actionstep, the cloud-based practice management platform for law firms, announces that it has acquired the legal software business, LawMaster. The transaction brings together two innovative practice management software companies serving the needs of mid-market law firms. The combined businesses will drive additional technology investment, consolidate many years of learnings in legal tech and provide existing LawMaster customers with extended cloud technologies.

The deal combines more than 50 years of pioneering legal tech development and legal sector knowledge. Together, Actionstep and LawMaster provide a scaled legal tech company with plans to further invest in technology specifically for mid-market law firms.

Actionstep has accelerated its growth in the legal practice market globally with its market leading and powerful cloud-based offering, providing a highly adaptable, all-in-one practice management platform. In 2020, Actionstep received a significant investment from Serent Capital to support the company’s global expansion. With almost 20,000 daily subscribers, Actionstep has achieved significant scale and continues to invest in the development of its technology for the growing mid-market segment.

Stewart Lynn, Partner at Serent Capital added, “We have been tracking LawMaster for a number of years, so when we had the opportunity to bring together LawMaster with Actionstep we immediately saw the opportunity to create an industry-leading platform.”

LawMaster’s customer base of nearly 4,000 daily subscribers is made up of many prestigious Australian firms in the upper mid-market. LawMaster’s primary product is a feature-rich, highly configurable legal practice management solution. Prior to the deal, LawMaster has been investing in cloud technologies and successfully launched Mattero, a strong cloud-based practice management system for smaller practices.

The combination of LawMaster and Actionstep means the new business services over 11,000 subscribers in Australia alone.

The two companies will continue to operate as separate businesses with David Toohey, the founder and CEO of LawMaster continuing to lead LawMaster. David has spent over 40 years developing market leading, functionally rich technology for law firms. This transaction gives LawMaster customers and team members an opportunity to be part of a global business and an exciting future technology investment plan.

The new business will work closely with all LawMaster customers to ensure the continuation of Blue Ribbon quality service and understand their current and future technology requirements.

David Hepburn, Global President of Actionstep commented, “We are excited to join forces with LawMaster, this brings together two amazing companies in the legal tech space, positions us for further growth and will fuel major technology investment to benefit the legal industry. Our priority as a business is to ensure our combined customers enjoy using our software – both day to day and in support of their future business plans.”

David Toohey, CEO, LawMaster commented, “Today begins an exciting new chapter and we are thrilled to be joining the Actionstep team. As ever, we will remain focused on our customers’ needs and building market leading and innovative technology. Under one company with one set of values and a shared roadmap, the unified team can focus on propelling our customers’ businesses to new heights.”

About Actionstep

Actionstep is a fast-growing, dynamic SaaS business with a global customer base and team. Actionstep provides an adaptable, all-in-one legal practice management platform for modern mid-market law firms. Built in the cloud, with workflow at its heart, Actionstep streamlines legal productivity at every step.

Actionstep gives law firms all the tools needed to run a firm with clarity and confidence by combining Matter Management, CRM, Document Assembly & Storage, Time & Billing, Trust & Office Accounting, Reporting and much more in one complete system.

With unlimited scope to adapt and evolve, Actionstep’s legal practice management software takes law firms every step of their journey as thriving legal practices. www.actionstep.com

About LawMaster

The LawMaster group has developed and supports two leading legal practice software products – LawMaster® and mattero™, which provide management solutions for different practice needs.

LawMaster® offers a comprehensive practice management software solution for high volume, commercial legal enterprises. LawMaster®’s fully integrated, intelligent functionality, designed for complex and interrelated matter management, improves visibility and automates administrative tasks to upgrade law firm performance and productivity.

mattero™ provides an intelligent mobile solution that simplifies matter management to maximise performance and legal-life balance. The mattero™ cloud-based tool easily adapts as caseload grows or practitioners may transfer their database to LawMaster® if a larger scale solution is required. www.lawmaster.com.au/

About Serent Capital

Serent Capital invests in growing businesses with compelling solutions that exceed customer needs. As businesses grow and evolve, the opportunities and challenges they face change with them. The principals at Serent Capital have firsthand experience navigating growth through their experiences as CEOs, strategic advisors, and board members to successful businesses. Serent leverages their expertise and capital to help growing businesses thrive. For more information on Serent Capital, visit www.serentcapital.com.

Contacts

Kathleen Rochard
Kathleen.Rochard@SerentCapital.com
www.SerentCapital.com

The post Serent-Backed Actionstep Acquires Legal Software Company LawMaster appeared first on Web Hosting | Cloud Computing | Datacenter | Domain News.

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WASHINGTON–(BUSINESS WIRE)–The security and compliance automation company is now a silver corporate sponsor of the International Legal Technology Association (ILTA). The post Adlumin Announces Sponsorship with International Legal Technology Association (ILTA) appeared first on Web Hosting | Cloud Computing | Datacenter | Domain News.
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JACKSONVILLE, FL – Web.com Group, a leading web technology company helping millions of customers around the globe thrive in a connected world, today announced that it has entered into an agreement to acquire Webcentral Group (ASX:WCG), a leading provider of digital services for small and medium Australian businesses. Today’s deal extends Web.com Group’s strategic move into the Australian, New Zealand, and Southeast Asian markets with its acquisition of Dreamscape Networks last year.

Through its Netregistry, Melbourne IT, and WME brands, Webcentral serves approximately 330,000 customers with domain names, web hosting and digital marketing services.


“The Webcentral acquisition further complements Web’s continued commitment to providing market-leading web presence solutions to customers across the globe,” said Sharon Rowlands, CEO and president, Web.com Group. “Now more than ever, companies need reliable online solutions and partners that deliver results to support ever-evolving business needs. Webcentral is a natural fit for our family of leading web technology brands and a proven long-standing partner to its customers.”

“Web.com Group and Webcentral share a common vision of providing technologies and digital growth solutions for small to medium enterprises. We partner with businesses to get online and unlock the potential of their digital footprint,” said Andrew Reitzer, Chairman, Webcentral Group. “We’re excited to join the Web.com Group family for the enhanced solutions for every step of their digital journey that the joint expertise will provide our customers.”

“Joining forces with Webcentral demonstrates our dedication to expanding in the region,” said Mark Evans, CEO of Dreamscape Networks. “Together, with the combined brands and resources of Web.com Group, Dreamscape Networks and Webcentral Group, we’re bringing more robust and innovative online solutions and a comprehensive product portfolio to the Australian market, while continuing to provide Best-in-World service.”

“We look forward to welcoming Webcentral to the Web.com Group,” said Tyler Sipprelle, principal at Siris Capital and director at Web.com Group. “As a global, multi-brand web technology business, we believe Web.com Group has much to offer businesses seeking an online presence strategic partner to support their next stage of profitable growth.”

The transaction is expected to close in late 2020 subject to the satisfaction of shareholder and regulatory approvals and other customary closing conditions. Gilbert + Tobin are acting as legal adviser to Web.com Group. Macquarie Capital is acting as financial advisor and Herbert Smith Freehills is acting as legal advisor to Webcentral.

About Web.com Group
Web.com Group is a leading web technology company serving millions of customers around the world. Through our portfolio of brands – Network Solutions, Register.com, Web.com, CrazyDomains, Sitebeat and Vodien – we help customers of all sizes build an online presence that delivers results. Web has the breadth of capabilities and depth of knowledge to be your go-to partner in today’s always-on digital world. With our extensive product offerings and personalized support, we take pride in partnering with our customers to serve their online presence needs. Learn more at www.web.com.

About Webcentral Group
Webcentral Group, previously Arq Group and Melbourne IT Group, is a full-service digital services partner for small and medium businesses and has supported the growth of over 300,000 Australian businesses; from inception to acceleration – helping them establish their brand, business, and build a customer base online. Learn more at www.webcentralgroup.com.au.

About Siris Capital Group, LLC | Siris Capital
Siris is a leading private equity firm that invests primarily in mature technology and telecommunications companies with mission-critical products and services, facing industry changes or other significant transitions. Siris’ development of proprietary research to identify opportunities and its extensive collaboration with its Executive Partners are integral to its approach. Siris’ Executive Partners are experienced senior operating executives that actively participate in key aspects of the transaction lifecycle to help identify opportunities and drive strategic and operational value. Siris is based in New York and Silicon Valley and has raised nearly $6 billion in cumulative capital commitments. Learn more at www.siris.com.

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AMSTERDAM – Interxion, a leading European provider of carrier- and cloud-neutral colocation data centre solutions and a Digital Realty (NYSE: DLR) company, has acquired the freehold to the land under its Hanauer Landstraße campus in Frankfurt. The site includes nine Interxion data centres previously subject to leasehold agreements with approximately nine years of remaining lease term, along with Interxion’s German headquarters office as well as several buildings currently leased to other customers. Interxion now owns the freehold to all 15 data centres on its Frankfurt campus.

Separately, Interxion has reached an agreement to acquire an expansion parcel, formerly known as the Neckermann property, within approximately one kilometre of the Hanauer Landstraße campus. The expansion parcel totals 107,000 square metres that will support the development of up to 180 megawatts of additional IT capacity and will be fully connected to the existing campus. The Neckermann property acquisition is expected to close in two stages, with final transfer of ownership in early 2021.


“These investments represent an important milestone on our global platform roadmap, enabling customers’ digital transformation strategies while demonstrating our commitment to supporting their future growth on PlatformDIGITAL™,” said Digital Realty Chief Executive Officer A. William Stein. “We believe we are creating significant value by combining the leasehold and freehold positions on one of the most highly connected campuses in Europe, while the assemblage of adjacent expansion capacity provides long-term certainty for the coverage, capacity and connectivity requirements to support our customers’ digital ambitions.”

The Hanauer Landstraße campus currently contains approximately 43,000 square metres on 6.5 hectares of land, 40% of which is leased to 21 customers with a weighted-average remaining lease term of approximately four years. At expiration, Interxion expects to redevelop the portion currently leased to third parties to build out additional data center capacity.

Interxion occupies more than half the campus across its nine data centres. Interxion employs state-of-the-art cooling techniques to support higher power density customer requirements while maintaining exceptional energy efficiency, and 100% renewable energy is available to customers throughout the campus.

“Interxion Frankfurt is one of the leading cloud and connectivity hubs in the world, with direct access to numerous leading global cloud platforms and more than 700 carriers and internet service providers,” said David Ruberg, Chief Executive Officer of Interxion: A Digital Realty Company. “Acquiring the freehold to our existing campus as well as a sizable site for further expansion will enable customers to rapidly scale their digital transformation strategies by deploying critical infrastructure with a leading global data centre provider and joining a thriving community of interest.”

The seller of the Hanauer Landstraße freehold was the open-ended real estate special alternative investment fund, BEOS Corporate Real Estate Fund Germany II, whose assets are managed by BEOS AG. BNP Paribas Real Estate served as financial advisor on the Hanauer Landstraße transaction, while White & Case served as legal advisor.

About Interxion
Interxion: A Digital Realty Company is a leading provider of carrier- and cloud-neutral data centre solutions across EMEA, the Americas and APAC. With over 700 connectivity providers, Interxion has created connectivity and cloud content hubs that foster growing customer communities of interest reaching markets across six continents, 21 countries and 44 metros within 275 data centres. For more information, please visit www.interxion.com.

About Digital Realty
Digital Realty (NYSE: DLR) supports the data centre, colocation, and interconnection strategies of customers across the Americas, EMEA and APAC, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products.

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RESTON, VA – Internap Holding LLC (“INAP”), a leading-edge provider of high-performance colocation, cloud and network services, today announced that it has closed the sale of its data center facilities located at 1301 Fannin Street in Houston, Texas to an affiliate of the building’s current owner, a subsidiary of Netrality Properties, LP (“Netrality Data Centers”), a premier interconnected data center and meet me room provider.

Through a reseller agreement with Netrality Data Centers, INAP will continue to provide network services in the building, serving existing and potential future customers, and will become a customer of Netrality Data Centers going forward with respect to its network point of presence (“POP”). Netrality Data Centers will provide on-premise colocation services including: space, power and connectivity at the Houston data center.


“We are pleased to announce the sale of our Houston colocation business to Netrality. Our colocation customers will be in great hands, as Netrality continues to invest in the building. The sale makes good sense for us right now, as we streamline our portfolio to position ourselves for organic growth,” said Mike Sicoli, President and Chief Executive Officer of INAP.

“We are excited about the acquisition of INAP’s colocation and meet-me-room assets at 1301 Fannin. The synergies between our two ecosystems of service providers will create seamless connectivity options for our customers, enriching the interconnectivity of our Houston data center,” said Gerald Marshall, Chief Executive Officer at Netrality Data Centers. “INAP’s space can accommodate higher-density requirements which nicely complements our existing colocation space and allows us to cater to a wider range of customers.”

Bank Street Group LLC served as exclusive financial advisor and Jenner & Block LLP served as legal counsel to INAP on this transaction and Kurtz & Revness, P.C. served as legal counsel to Netrality Data Centers.

About Netrality Data Centers
Netrality owns and operates strategic interconnected data centers and meet me rooms, providing a mix of colocation, powered shell and wholesale data center solutions driven by fiber-dense, network-rich interconnection environments. Netrality today has over 3 million square feet and 100 megawatts of capacity across six strategic data centers in five markets: 210 North Tucker and 900 Walnut in St. Louis, Missouri, 1102 Grand in Kansas City, Missouri, 1301 Fannin in Houston, Texas, 401 North Broad in Philadelphia, Pennsylvania, and 717 South Wells in Chicago, Illinois. For more information, visit www.netrality.com.

About INAP
INAP is a leading-edge provider of IT infrastructure solutions. INAP’s full-spectrum portfolio of high-density colocation, managed cloud hosting and network services supports evolving infrastructure requirements for customers ranging from the Fortune 500 to emerging startups. For more information, visit www.INAP.com.

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Charlotte, NC – Segra, one of the largest fiber infrastructure bandwidth companies in the Eastern U.S., today announced it has acquired NorthState, a provider of high-speed bandwidth services in the fast-growing Piedmont Triad region of North Carolina. The acquisition expands Segra’s fiber network by nearly 3,000 miles and brings Segra’s industry-leading service and an enhanced product offering to NorthState’s customers.

“The Segra team will build on NorthState’s success by focusing on serving the customer first,” stated Tim Biltz, chief executive officer of Segra. “The acquisition furthers the delivery of a robust set of products, an expanded state-of-the-art fiber network, and a superior service experience to all customers throughout our expanded service area.”


During an extraordinary time when communication services and reliable connections are more critical than ever, the scale, reliability and strength of Segra’s fiber network and operations allow it to meet the data, voice and connectivity needs of customers of all sizes.

The close of the transaction also marks the transition of Royster Tucker III from his longtime position as NorthState’s president and CEO. “We’re all grateful to Royster for his leadership,” Biltz continued. “His commitment to his company’s customers, employees and shareholders created a great company.”

“I have the utmost respect for Segra’s leadership and for the exceptional reputation they have earned in our industry,” said Tucker. “As we transition our company, I have complete confidence that our customers will continue to receive outstanding service and the premium technologies they depend on in business and life.”

Under the terms of the acquisition, NorthState shareholders will receive $80.00 in cash for each share of NorthState common stock they hold. Due to completion of the transaction, such shares are no longer trading on the OTC Pink Market.

TD Securities acted as exclusive financial advisor and Simpson Thacher & Bartlett LLP, Morgan, Lewis & Bockius LLP and Womble Bond Dickinson (US) LLP served as legal advisors to Segra. Wells Fargo Securities, LLC served as exclusive financial advisor and GC Solutions and Nelson Mullins Riley & Scarborough LLP served as legal advisors to NorthState in connection with this transaction.

To learn more about the transaction and what it means for customers, please visit: www.segra.com/northstate.

About Segra
Segra is one of the largest independent fiber infrastructure bandwidth companies in the Eastern U.S. It owns and operates an advanced fiber infrastructure network of over 30,000 miles that connects more than 10,000 locations and six data centers throughout nine Mid-Atlantic and Southeastern states. Segra provides Ethernet, MPLS, dark fiber, advanced data center services, IP and managed services, voice and cloud solutions, all backed by its industry-leading service and reliability. Customers include carriers, enterprises, governments, and healthcare organizations. In addition, Segra delivers high-speed, fiber-based integrated telecommunications services to residential and business customers in portions of Virginia under the Lumos Networks brand name and in the Piedmont Triad region of North Carolina under the NorthState brand name. For more information about Segra’s technology and commitment to customer care, visit segra.com.

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