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Computer Software Group Ltd ("CS Group") announced that it has acquired Mountain Software Group Ltd ("Mountain Software") to expand and strengthen its solution portfolio for the legal sector
Mountain Software is a leading provider of software and services to small and medium sized solicitors and a leading provider of software and services to both barristers and coroners.
This acquisition, following the acquisitions in 2006 of the AIM Group (April), Laserform (June) and Videss (July), enables CS Group to broaden its coverage of the specialist software market servicing solicitors in England and Wales, to enter the solicitors market in Scotland, and to build on the strong market position that Mountain Software has successfully established in barristers and coroners sectors.
Vin Murria, CEO of Computer Software Group commented:
"As a leading supplier to the legal sector we need to be able to offer our customers the solution choice in all the key sub-sectors; solicitors, barristers and coroners. This acquisition will extend CS Group's coverage of the solicitors' market in England and Wales while adding the 25% market share of the solicitors' market in Scotland. We will also be able to offer a broader solution portfolio to the strong client base that Mountain has established with both barristers and coroners, with over 90% market share".
Ian Knox, Managing Director of Mountain Software added:
"This move has given Mountain Software, its clients and staff a secure and exciting future. The CS Group Legal Division has become the largest and most influential player in the legal IT market and we are proud to be on board. The Group's additional resource and expertise will enhance Mountain Software' ongoing programme of developing and delivering leading IT solutions to all key sectors in the legal market."
This acquisition reinforces the Legal Division of CS Group as a leading solution provider for the legal sector. The combined customer base exceeds 4000 law firms, professional services organisations, public sector and corporate legal departments as well as over 300 barristers' chambers.
The combined pool of sales, marketing, product development expertise and resources will enable us to apply greater market focus to the sector.
In extending our solution portfolio, we are now able to offer our combined customers in the legal sector a wider range of new solutions including electronic forms as well as CRM, financials, business intelligence, document imaging, e-learning, training and software compliance among many others.
Computer Software Group Ltd (CS Group) is a fast growing software business employing over 600 people, with offices in the UK and US.
The Group's core business is the provision of commercial software for selected markets including Legal and Compliance, Not For Profit, Resource Scheduling and Skills Management, Financials, CRM and Distribution.
The prestigious customer base of over 8000 organisations including 3000 law firms, Alfred Dunhill, Zurich International, Paymaster General, Arriva, Grant Thornton, CBI, Tetra Pak, The Gap, L'Oreal, Cable & Wireless and Cancer Research UK.
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