In a landmark deal in the legal software sector, Oaklins client ShareDo, a UK-based provider of a cutting-edge SaaS work management platform, trusted by the world’s largest law firms, has been acquired by Clio, a global leader in cloud-based legal technology.
Founded in 2011 and headquartered in Manchester, UK, ShareDo has a strong track record of best-in-class technology for large law firms. It drives product innovation and international expansion for many of the world’s top global firms, including some of the largest law firms in the UK and a growing base in the United States, Canada, and Australia.
Building on Clio’s industry-leading platform and expertise, this acquisition will allow Clio to offer a fully comprehensive solution for law firms of all sizes as well as expand its global footprint. Clio will use this acquisition to accelerate ShareDo’s expansion in the UK and priority international markets, including the United States, in the coming year. The combined entity will present customers and partners with even greater value and a more extensive range of solutions to meet their ever-changing needs.
“The legal software sector is evolving at an unprecedented pace, driven by AI advancements and substantial venture investment, paving the way for future disruption,” commented Anthony Platt, Partner and Head of Technology at Oaklins Cavendish. “Clio’s acquisition of ShareDo represents a transformative move, enabling Clio to expand into the enterprise market and marking a significant milestone in the sector’s evolution.”
Joanna Stone Herman, Partner at Oaklins DeSilva+Phillips and Co-Head of Oaklins’ Global TMT Practice added: “Sharedo’s proven best-in-class technology for case and matter management has been helping the world’s largest law firms stay at the cutting-edge of digital transformation. We are thrilled to see Sharedo come together with Clio’s global leadership position in cloud-based legal technology to power the next phase of legal innovation and growth.”
Oaklins Cavendish, based in the UK, advised the founders of ShareDo on the sale of the business with support from Oaklins DeSilva+Phillips in New York. This deal showcases Oaklins’ global reach and collaborative approach, enabling us to deliver exceptional results for our clients.
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