- GhostPractice is a global provider of practice management
software to about 10,000 users working primarily in small and
medium law firms
- Acquisition complements Dye & Durham's existing product
offering, expands capabilities and will help drive recurring
contracted revenue growth
TORONTO, May 23, 2023
/CNW/ - Dye & Durham Limited (TSX: DND) ("Dye & Durham" or
the "Company"), one of the world's largest providers of cloud-based
legal practice management software designed to make managing a law
firm, organizing cases, and collaborating with clients easy, today
announced it has acquired GhostPractice Inc. ("GhostPractice").
Headquartered in Cape Town, South
Africa, GhostPractice is a leading provider of legal
practice management software to about 10,000 users working
primarily in small- and medium-sized law firms. With about 110
employees, GhostPractice is the largest provider of legal practice
management software in South
Africa and also serves law firms in Canada. Financial terms were not
disclosed.
"Today's transaction strongly complements our existing product
suite, expands our global practice management capabilities and
footprint and will also accelerate our strategy to increase
recurring contractual revenue," said Dye & Durham CEO
Matthew Proud. "We are building Dye
& Durham into the world's legal technology leader. The
acquisition of GhostPractice marks yet another concrete step on
this journey, while diversifying our business into a new
geography."
GhostPractice's legal practice management software offers
mission-critical features that include case management, billing and
trust accounting, document management, time capture, document
storage and automated document generation, among others.
About Dye & Durham
Dye & Durham Limited provides premiere practice management
solutions empowering legal professionals every day, delivers vital
data insights to support critical corporate transactions and
enables the essential payments infrastructure trusted by government
and financial institutions. The company has operations
in Canada, the United Kingdom, Ireland,
and Australia.
Additional information can be found
at www.dyedurham.com.
SOURCE Dye & Durham Limited