May 19, 2016
Cascadia Capital is pleased to announce that its client Gavel & Gown Software, Inc. (dba “Amicus Attorney”), one of the world’s leading providers of legal practice management software solutions, has combined with Abacus Data Systems, Inc. (“Abacus”), the premier provider of fully managed legal technology solutions. Abacus received a majority investment from Providence Equity in December 2015.
Abacus and Amicus serve hundreds of thousands of attorneys in the US and around the world. By combining their collective technology and expertise, the newly integrated group will deliver the widest range of Best in Class practice management, time, billing and accounting applications powered by compliance-ready, Desktop-as-a-Service (DaaS) workspaces designed to eliminate capital expenditure and the burdens associated with IT management.
The Amicus Attorney transaction represents another successful transaction in the Legal Technology market segment, where Cascadia’s professionals possess deep domain expertise.
About Amicus Attorney
Amicus Attorney is practice management software that works the way lawyers do. It’s an easy, lawyer-friendly solution that serves as the hub of a law practice. Founded in 1993 and headquartered in Toronto, Amicus is made by Gavel & Gown Software. Tens of thousands of law firms worldwide use Amicus Attorney. For more about Amicus Attorney, visit www.amicusattorney.com.
About Abacus Data Systems
Abacus Data Systems is the provider of the first to market case management, time billing and accounting software designed to easily automate law practice operations, ensure best possible outcomes, and increase profitability. Founded in 1983, Abacus has over 250,000 clients worldwide, is headquartered in San Diego, California. For more about Abacus Data Systems, visit www.abacuslaw.com.
About Providence Equity
Providence Equity Partners is the world’s leading global private equity firm focused on equity investments in media, communications, education, and information companies. The firm manages funds with over $40 billion in commitments and has invested in more than 140 companies globally since its inception in 1989. Providence is headquartered in Providence, RI and also has offices in New York, London, Hong Kong, Singapore, and New Delhi. For more about Providence Equity, visit www.provequity.com.
About Cascadia Capital
Cascadia Capital is a middle market investment bank, serving both private and public growth companies around the globe. Cascadia’s business is diversified in terms of both the industries it covers and the range of services it provides. Cascadia is a pure advisory firm, and unlike other investment banks, it is not conflicted by trading, lending, research or cross-selling business. For over a decade, the firm has delivered the best outcomes for its clients based on its transaction experience, domain expertise and commitment to building long-term relationships. Cascadia always acts in the long-term interests of clients, and honors its position as a trusted advisor. For more information, visit the firm’s website at www.cascadiacapital.com.
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