Acquisition by leading specialty software provider creates comprehensive solution for law firms of all sizes
Los Angeles (August 22, 2011) — Investment advisory 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 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 is an investment advisory firm focused on providing mergers and acquisitions advisory and capital raising services to select business services, digital media, healthcare, and technology companies. Securities offered through Fallbrook Capital Securities Corp., Member FINRA – SIPC. For more information, visit www.ClearCapitalAdvisors.com.