Legal software company for sale
- Revenue: < 1 million EUR
- Employees: < 10
- Location: Europe
- Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
- #CFIE ITS570
Overview of the legal software company in Europe for sale
The company for sale provides software solutions that enable organizations to better manage legal documents. The solution is cutting-edge software that supports both the management of the legal structure of an organization and the exchange of vital corporate information. As a result, the enterprise client benefits from time-saving and cost-reduction activities. As expected, the market for this product is expansive. Almost all businesses need to streamline their document management processes. The software has various features that target specific activities within a firm. The feedback received from clients is that the solution is unique and the most flexible on the market. From a business view, the company is quite small, with limited resources. It is not able to scale up and reach the international market on its own. Moreover, it has proven that is increasingly difficult to contend with larger international competitors. The product has been continuously updated and enriched with new functionality add-ons. However, in order to remain competitive, it needs a 24/7 user help desk, which is not possible at the moment. The owners applied for various sources of funds to keep developing the company and scale up. At the same time, they are looking for a strategic investor which is a far better solution because it brings other benefits as well.
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Profile (strategy) of the legal software company in Europe for sale
This is a privately owned company, initially founded as a software development firm. Later, they emerged as a developer of legal management software and a provider of software tool-related services. Numerous renowned global and European clients have used the software to improve legal compliance and achieve more efficiency in the administration of corporate information. The target client groups include all corporate HQs (legal, finance, tax departments), which already have corporate housekeeping software in place but need a good group charting tool. In addition, corporate legal service firms, M&A, and tax consultants, for which the visualization of both current and forecasted corporate legal structure is of high importance. Similarly, all types of investment companies are among the target clients. Above all, the vast majority of the company’s clients appreciate the high-level agility when implementing the project, their active approach, and friendly help-desk support.
The company develops its software solutions based on market demands and best practices. Both on-premise and cloud installations are offered for the solutions. In addition, the document management module enables clients to securely attach critical corporate documentation to the database. This includes contracts, legal articles, minutes of shareholders’ meetings, annual accounts, etc. Most importantly, it can support any file format. A very powerful feature of the software is its adaptable reporting functionality. This enables users to choose and design their own templates/interfaces and access reports from anywhere. Reports can also be exported to another document format such as MS Excel, MS Word, or PDF.
Over the last few years, the team’s focus is on improving the structure and the functionalities within the legal management software. The newest add-on is a group charting tool that works as a stand-alone tool. This allows organizations to import group ownership data from an Excel spreadsheet and then automatically build various organizational charts. It is a specialized tool, which can be offered to a larger group of clients/users. The tool can be used independently from the basic software system and can be integrated with other third-party systems.
Activities and services of the legal software company in Europe for sale
The company for sale provides legal software solutions and provides services such as:
- Solution implementation
- Data migration
- Document management
- System customization and maintenance
- Data input
- Help-desk support
Highlights of the legal software company in Europe for sale
- The company is active in providing software solutions and tools for legal document management
- The team develops innovative and customized solutions
- The owners are looking to talk with potential buyers that are interested in growing the business in Europe
More information on this legal software company in Europe for sale
Please get in touch if you are interested in learning more about this legal software company in Europe for sale. For more document management companies for sale please visit the section document management companies for sale. For other document management buyers, please visit the section document management companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.