Wolters Kluwer Corporate Legal Services Expands Global Presence with Acquisition of Avantiq
June 05 2013 - 8:35AM
Acquisition Combines Top-Ranked Companies to Create
Premier, Global Trademark Partner for Legal
Professionals
NEW YORK - June 5,
2013 - Wolters Kluwer Corporate Legal Services (CLS), the
leading provider of legal information services and solutions, today
announced it has acquired Avantiq, a provider of multi-national
trademark research services. This acquisition bolsters CLS's global
portfolio of trademark and brand clearance and protection solutions
under the Corsearch brand. Avantiq, founded in 1986, has 28
employees and has operations in Luxembourg and Australia.
The acquisition expands Corsearch's products and
services for trademark and brand professionals - and also extends
its European expertise and presence. It combines two top-ranked
trademark and brand management companies to offer legal
professionals the premier partner for global services. In the 2011
World Trademark Review's annual Global
Trademark Survey, trademark professionals worldwide ranked Avantiq
#1 in searching while ranking Corsearch #1 in watching and #2 in
searching.
"We are excited to welcome Avantiq to Wolters
Kluwer CLS. Together, we will provide broader solutions to our
global client base, offering another layer of capabilities to help
organizations protect their brands," said Josh Braunstein, General
Manager, Corsearch. "We can now offer our customers improved
service, combined and expanded global databases, and a broader
suite of solutions to meet local, regional and worldwide branding
needs."
Avantiq is widely recognized for offering
high-touch, premium service and seamless global clearance
capabilities. It is a trusted partner to many of the world's top
brands, leveraging in-house expertise and its global network of
trademark professionals to offer insights and solutions wherever a
brand may be used.
"We have a long-standing relationship with
Corsearch. As our partnership developed, it became clear that we
could better serve our customer base together," said Larissa Best,
Managing Director, Avantiq. "As part of Wolters Kluwer CLS, we will
increase our global scale and be able to leverage broader resources
and expertise - while also enabling our customers to benefit from
industry-leading global watch and screening services."
Avantiq complements the trademark and brand
attorneys' work by offering the ability to not only perform
searches, but to also provide insights in regions around the world
where the firms may not have a local presence or intricate
knowledge of the local issues, language or culture.
About Wolters
Kluwer Corporate Legal Services
Wolters Kluwer Corporate Legal Services (CLS) operates a
distinctive, global portfolio of market-leading legal and
compliance services companies, including CT Corporation, NRAI,
BizFilings, Corsearch, and TyMetrix. It serves 70% of the
Fortune 500, 90% of the AmLaw 100, 80% of the 100 largest U.S.
banks and hundreds of thousands of small business owners. As
pioneers of the legal compliance services space, CLS is the partner
of choice for legal compliance, due diligence, brand and
performance management solutions. A business of Wolters Kluwer, a
market-leading global information services company, CLS operates a
network of over 1,500 professionals in 54 offices around the
world.
Media |
Investors/Analysts |
Stacy Nobles
Director of Communications
Wolters Kluwer Corporate Legal Services
+1 617.531.5892
stacy.nobles@wolterskluwer.com |
Meg Geldens
Vice President, Investor Relations
Wolters Kluwer
+31 (0) 172 641 407
ir@wolterskluwer.com |
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