Go to deals
TMT

CaseLines has been acquired by Thomson Reuters Corporation

August 2020 — The fast-growing legal SaaS firm Netmaster Holdings Limited (CaseLines) has been sold to Thomson Reuters Corporation, as the business intelligence and information firm looks to expand its cloud-based software offering within the legal sector.

CaseLines is a provider of a cloud-based SaaS end-to-end evidence management platform for use across public safety, justice and the legal sectors. The platform offers a single, secure home in which to manage all types of legal evidence. This acquisition comes at a time when CaseLines has seen its services in high demand due to COVID-19 as global courts are being forced to conduct trials on a remote basis. Though CaseLines is already operational in 25 countries, and to date has conducted over 400,000 trials through the platform, Thomson Reuters will look to further expand the footprint of the company through leveraging its own global reach.

Thomson Reuters Corporation is a Canada-based provider of integrated information solutions to business and professional customers in the financial, legal, tax and accounting, scientific, healthcare and media markets.

Our role in the transaction

Oaklins Cavendish, based in the UK, advised the founders of CaseLines on the sale of the business to Thomson Reuters, working closely with one of Oaklins’ teams in New York throughout this transaction to achieve a great result for the client.

Parties
“In Thomson Reuters we found a strategic buyer that shares our commitment to the rule of law. We have a proven record of enabling the courts’ digital transformation in the UK. We are optimistic that with Thomson Reuters’ global footprint we will be able to help courts around the world to continue to operate effectively and efficiently into the future.”

Paul Sachs

Founder, CaseLines

Talk to the deal team

John Farrugia

Principal
London, United Kingdom
Oaklins Cavendish

Ben Goldring

Partner
London, United Kingdom
Oaklins Cavendish

Joanna Stone

Partner
New York, United States
Oaklins DeSilva+Phillips

Related deals

Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
Financial Services | TMT

Moneybox’s employee share sale has set another milestone for London’s Private Securities Market

The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.

Learn more
TA Associates has completed a sell-down of its stake in Eurowag
Private Equity | Business Support Services | Logistics | TMT

TA Associates has completed a sell-down of its stake in Eurowag

TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).

Learn more
DIGMATIX has entered the Czech market through the acquisition of LLP CRM
Private Equity | Business Support Services | TMT

DIGMATIX has entered the Czech market through the acquisition of LLP CRM

DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.

Learn more