Acquisition doubles Mitratech’s client base and reinforces position as the most trusted provider of ELM solutions for legal departments and government agencies of all sizes.
AUSTIN, Texas, July 7, 2015 – Mitratech, the market-leading provider of Enterprise Legal Management (ELM) solutions, announced today that it has acquired Bridgeway Software. This acquisition expands Mitratech’s suite of legal technology solutions, and it reinforces Mitratech’s position as the most highly rated and most recommended provider of legal and case management software for legal departments and government agencies of all sizes.
Founded in 1989, Bridgeway Software enables leading corporations and government agencies to optimize productivity, reduce cost, and mitigate risk with an integrated technology approach for legal and compliance management through its flagship products, LawManager®, eCounsel®, and Secretariat®. Bridgeway is headquartered in Houston, TX.
“Bridgeway’s strength in government through its LawManager product, along with the broad SaaS infrastructure within its eCounsel Suite, are complementary to the Mitratech business, and the combined new organization is uniquely positioned to meet the rapidly evolving needs of legal departments of all sizes, industries, and geographies”, said Jason Parkman, Mitratech CEO. “Our mission is to enable the legal department to be the best-run function in the organization, and Bridgeway’s reputation for exceptional client service and products, along with market-leading expertise, further extends Mitratech’s ability to deliver on that mission.”
With the acquisition, Mitratech’s client base expands by more than 300 new clients and now includes nearly 600 corporate and governmental entities, including 7 of the Fortune 10 and more than 30 percent of the Fortune 500 – along with almost 10,000 of their external partners, including 99 of the Global 100 and 100 percent of the AmLaw 200 law firms.
Support and services for all products will continue uninterrupted. Mitratech will immediately add Bridgeway’s solutions, including matter and case management, spend management, legal hold, and corporate governance, to its portfolio of ELM solutions available to the market.
“Mitratech and Bridgeway are well aligned in terms of our culture, our mission, and our focus,” noted Pat O’Donnell, Bridgeway Software CEO and Founder. “I am excited about the possibilities. As the largest privately held company in the ELM market, the combined organization will be able to react faster and deliver a client experience that is second to none.”
The financial terms of the deal are not being disclosed.
Mitratech is the most trusted, market-leading provider of fully-integrated Enterprise Legal Management (ELM) solutions for almost 600 global legal departments of all sizes, representing 7 of the Fortune 10, more than 30 percent of the Fortune 500, and almost 100,000 users in over 150 countries. Our products are also used by almost 10,000 of our client’s external partners, including 99 of the Global 100 and 100 percent of the AmLaw 200 law firms. Mitratech’s portfolio of ELM software solutions offer end-to-end matter management, spend management, e-Billing, legal hold, contracts management, GRC, and reporting solutions. Clients are able to prove demonstrable value creation for their organization by automating legal workflows, improving business outcomes through actionable data and insight, increasing collaboration with external partners, and reducing overall legal spend. To learn more, visit mitratech.com.