Enterprise finance and HR platform Workday, Inc. announced today (17 September) that it has signed a definitive agreement to acquire AI contract management vendor Evisort for an undisclosed sum. More […]
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Workday to Acquire Evisort, Bringing AI-Powered Document Intelligence to Finance and HR
The deal marks the second major acquisition of a CLM company by an enterprise software company in 2024.
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What. Just. Happened? (Pre-Three-Day Weekend Edition. Week of 08-26-2024)
Many of us in the United States are hitting the road/airport this weekend to get in the last bit of Summer. For Texans like me, we’ll still have some hot weather for the next few weeks, but eventually it will cool down and remind us that Mid-September through Mid-May is really why we put up with the summer heat.
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Legaltech Rundown: Harvey Partners With Icertis, Flo Recruit Releases Legal Career Platform, and More
An update on the legal tech market’s past week, from product launches to new partnerships.
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Harvey unveils new integration with Icertis in CLM first
Harvey announces today (27 August) a new integration with contract lifecycle management leader Icertis, marking the first time that Harvey’s domain-specific models will be available to enterprise users via a third-party […]
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As KKR Acquires Majority Stake in Agiloft, An Interview with the CLM Company’s CEO Eric Laughlin
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
SirionLabs Acquires Eigen Technologies to Expand Capabilities and Financial Services Footprint
Sirion noted that the deal will allow it to expand its data extraction capabilities to more documents beyond contracts.
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In Contract Management, Standards Lag Behind Investment
Current research from Gartner and the Blickstein Group report both an increase in overall spend to improve core legal department processes and that more than 40% of in-house teams will update, evaluate or implement new tools within the next 12 months.
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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.
The post Investment Firm KKR Acquires Majority Ownership Of CLM Company Agiloft appeared first on Above the Law.
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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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CLM Provider Ironclad Enters E-Signature Market With Contextual Signature Solution
Jason Boehmig, CEO and co-founder of Ironclad, told Legaltech News that he sought to take a new approach to a decade-old offering that has barely evolved over the years—including with its design and pricing structure.
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CLOC Legal Tech Rundown: Ironclad Custom AI, New Lexis Tool and More
An update on product launches and new partnerships that came out of the CLOC Global Institute 2024 conference in Las Vegas, including ContractPodAi, Evisort, Icertis, Ironclad and LexisNexis.
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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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