Debt for the transaction was provided by RBS and Barings. Advisers involved in the transaction were: Ropes & Gray (legal), Marlborough Partners (debt advisory), EY (financial & tax).
BigHand, a leading provider of productivity software to the legal market, is to acquire DW Reporting (‘DWR’), a fast growing provider of best in class legal Business Intelligence and matter pricing for the legal sector. Financial details of the acquisition were not disclosed.
Founded in 2013 and headquartered in London with an office in Canada, DWR provides software products to help legal clients streamline their reporting and KPI monitoring as well as provide effective pricing and resource management. These are provided via two products: Quantum, a financial BI solution with intuitive self-service, role based dashboards and reporting environment, and Evaluate, a matter pricing, budgeting and tracking solution.
BigHand Ltd. develops voice productivity software solutions for legal, healthcare, property, and financial worldwide. The company, led by Ian Churchill is based in London.
Ropes & Gray has advised BigHand with a team including Helen Croke (Picture), Folake Fani-Kayode, Malcolm Hitching, Jack Bodkin and Ashley Wright.
Law Firms: Ropes & Gray;
Clients: BigHand Ltd;