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The practice management platform Rocket Matter, whose launch in 2009 alongside Clio helped usher in a new generation of cloud practice management platforms, has been acquired by a private equity firm. It will become part of a new company, ProfitSolv, that will focus on billing, payments and software for professional services firms. The new company was formed by Lightyear Capital LLC, a New York privacy equity firm focused on financial services, as the lead investor, with a significant minority stake held by Greater Sum Ventures. Two other companies have also been acquired and made part of the new company,… Continue Reading Pioneering Cloud Practice Management Platform Rocket Matter Acquired By Private Equity Firm