Last week, KKR, a major global investment firm, announced that it had entered into an agreement to acquire a majority stake in Agiloft, the contract lifecycle management company. As part of the deal, the growth equity firm FTV Capital, already an Agiloft investor, is making an additional investment, and another growth equity firm, JMI Equity, is joining as a
Continue Reading As KKR Acquires Majority Stake in Agiloft, An Interview with the CLM Company’s CEO Eric Laughlin
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Investment Firm KKR Acquires Majority Ownership Of CLM Company Agiloft
KKR is making the investment through its Next Generation Technology III Fund. Agiloft adds to KKR’s global portfolio of technology and software investments.
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KKR Fund Acquires Majority Stake in CLM Provider Agiloft
As a part of the deal, FTV Capital will make an additional investment in the company, and JMI Equity, a growth equity firm focused on investing in software companies, will join on as a new investor.
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KKR acquires majority stake in CLM vendor Agiloft
Respected global investment firm KKR today (30 May) announced that it has acquired a majority stake in contract lifecycle management vendor Agiloft. Existing investor FTV Capital and new investor JMI […]
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Breaking: Investment Firm KKR Acquires Majority Ownership of CLM Company Agiloft
I am running out the door, but this news just broke. Here is the unedited announcement:
KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”). As part of the transaction FTV…
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Agiloft Releases Prompt Lab With 'Bring Your Own Gen AI Model' Approach
Alongside its Prompt Lab release, contract life cycle management provider Agiloft also unveiled enhanced capabilities in its ConvoAI product and Google Docs app.
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Agiloft launches Gen AI Prompt Lab including ‘bring your own LLM’ capability
Contract lifecycle management vendor Agiloft today (2 May) announced the launch of its Generative AI Prompt Lab, which includes pre-configured prompt templates that can leverage customer’s own data – and […]
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Legaltech Career Insights: Jack Wicks, senior product manager for Agiloft’s AI innovation team
Jack Wicks is senior product manager at Agiloft with a maths degree from the University of Warwick. As part of Legal IT Insider’s Career Insights series, which features the most […]
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Software giant Epicor selects Agiloft’s CLM platform
Global enterprise software provider Epicor has selected US-headquartered contract lifecycle management vendor Agiloft to help digitally transform its contract-driven processes globally. We’re told that Agiloft’s platform will be closely integrated […]
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Agiloft launches gen AI redline capability to speed up contract negotiation
Contract lifecycle management vendor Agiloft today (9 January) announced new generative AI functionality that suggests redline alterations to contract clauses to speed up the negotiation process. Third party clauses that …
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Agiloft Releases New Generative AI-Powered Redlining Capability as Part of Broader 2024 Road Mmap
Though this isn’t the first generative AI-powered redlining capability on the market, Andy Wishart, Agiloft’s chief product officer, told Legaltech News that the provider hopes to stand out from the competition thanks to its work around fine-tuning generative AI models.
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Agiloft Releases Generative AI Feature To Shortcut Contract Negotiations and Better Align Redlines
Redlining is the bane of contract negotiations. The back-and-forth between the parties can drag on and on as they seek to arrive at language on which they both can agree.
Even before the advent of generative AI, several contracts technology products sought to streamline this process — most typically by comparing a draft received from a counterparty with a company’s…
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Kroll joins Agiloft’s global service partner network
Contract lifecycle management vendor Agiloft announced today (7 November) that Kroll has joined its global network of service partners. Kroll’s corporate legal solutions team has experience in legal operations, data …
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Agiloft’s New ‘AI Trainer’ Is Designed To Empower Non-Technical Users To Create Custom AI Models
One of the challenges of using artificial intelligence software for contract review is training the AI to conform to a company’s unique preferences regarding clauses and key terms. A new product from the contract lifecycle management company Agiloft aims to help companies overcome that challenge by enabling non-technical legal and business professionals to train its AI to identify key terms…
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Agiloft Launches AI Trainer, Allowing Legal Teams to Customize AI Models for Contract Analysis
Agiloft seeks to empower legal teams with no IT or coding experience to customize their own artificial intelligence models for a more bespoke approach to contract review and analysis.
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