(“THL”) is a premier private equity firm investing in middle market growth companies exclusively in three sectors: Financial Services, Healthcare and Technology & Business Solutions. More than 100,000 users worldwide benefit from the most complete product portfolio in the industry, including practice management and case management solutions, tailored cloud options, document automation and payment processing. Our purpose-built cloud infrastructure puts customers’ business data and vital applications into a virtual workspace that is accessible anywhere, anytime and from any device, enabling small and midsize legal and accounting firms to grow an efficient, secure, client-focused practice.
#ABACUS TECHNOLOGY BOSTON PROFESSIONAL#
Terms of the transaction were not disclosed.ĪbacusNext is a leading vertical SaaS provider for compliance-focused professional services markets.
Kirkland & Ellis acted as legal advisor to THL. William Blair and Weil, Gotshal & Manges LLP acted as financial and legal advisors to AbacusNext in connection with the transaction. “We’re grateful to have had the opportunity to partner with AbacusNext and would like to thank their entire team, particularly CEO Scott Johnson, COO Rob Ellis and CFO Mike Skelly, for their dedication and hard work over our partnership together, and we’re excited to see what they will accomplish next.”
#ABACUS TECHNOLOGY BOSTON SOFTWARE#
“Throughout our partnership together, AbacusNext has firmly established its position as a leading software solutions provider in the legal, accounting and compliance-focused professionals’ services market” said Matt Stone, Managing Director at PSG. We are excited to see AbacusNext continue to develop best-in-class technology and pursue strategic acquisitions that will further enhance their product offering,” said Mark Bean, Director at THL and Ganesh Rao, Managing Director and Head of Financial Services at THL. Scott and the management team at AbacusNext are leaders in capitalizing on this growth opportunity. “The shift to cloud-based software is well underway and has accelerated in the current ‘work from home’ environment. Thank you to PSG for their support as we grew to become a leader in the legal and accounting markets.” “This partnership with THL will enable us to accelerate our investment in innovative SaaS products with integrated payment processing, allowing us to continue to offer a market-leading software suite. “We are excited to partner with THL, who offers deep expertise in practice management software and payment processing and shares our commitment to driving AbacusNext’s next chapter of growth,” said Johnson. AbacusNext will continue to be led by its Chief Executive Officer, Scott Johnson, and the other members of the company’s senior management team. (“THL”), a premier private equity firm investing in growth companies, today announced that funds affiliated with THL have acquired a majority stake in AbacusNext from PSG, a leading growth equity firm partnering with lower middle-market software and technology-enabled service companies. SAN DIEGO, CA and BOSTON, MA – Ma– AbacusNext, a leading vertical SaaS provider for legal, accounting and compliance-focused professionals, and Thomas H. Little" OR "Avasant" OR "Avascent" OR "aXYKno" OR "Bain & Company” OR “Bain"OR "BDO" OR "Bearingpoint" OR "Berkeley Research Group" OR "Booz Allen Hamilton" OR "Boston Consulting Group” OR “BCG” OR "Bow & Arrow" OR "The Burke Group" OR "Capco" OR "Capgemini Consulting" OR "CGI" OR "Cognizant Technology Solutions" OR "Computer Sciences Corporation" OR "Corporate Executive Board" OR "Deloitte Consulting" OR "Detica" OR "Ernst & Young” OR “E&Y” OR "Fulcrum Worldwide" OR "FTI Consulting" OR "Grant Thornton" OR "Hay Group" OR "HCL Axon" OR "Hewitt Associates" OR "Hitachi Consulting" OR "Horváth & Partners" OR "HP Enterprise Services" OR "Huron Consulting Group" OR "IBM Global Business Services" OR "ICF International" OR "Ikon Marketing Consultants" OR "Imdad logistics" OR "Infosys Consulting" OR "IPL Information Processing Limited" OR "ITN Consulting" OR "Korn Ferry" OR "KPMG" OR "Kurt Salmon" OR "L.E.K.Partnership Advances the Successful Evolution of AbacusNext’s Innovative and Secure Technology Offerings Kearney" OR "A&G Management Consulting" OR "ABeam" OR "Abacus Consulting" OR "Accenture" OR "Accountor" OR "AlixPartners" OR "Altran" OR "Arthur D. Information Technology & List Management Consulting Firms with a U.S presence.
0 kommentar(er)
