In a strategic move to expand its services to large law firms, BC-based legal technology company Clio has acquired UK-based ShareDo. Founded in 2011, ShareDo is a provider of adaptive work management platforms designed to streamline workflows, enhance efficiency and maximize profitability for mid- to large-sized law firms, corporate legal teams, and insurance companies.
This acquisition follows Clio's landmark US$900 million Series F funding round in July 2024, the largest in Canadian history, and enables Clio to offer a fully comprehensive solution for law firms of all sizes. The acquisition also bolsters Clio's international presence, with ShareDo having a strong foothold in the UK and a growing base in the United States, Canada and Australia.
This strategic move positions Clio as a leader in the legal technology sector, empowering the company to deliver innovative and efficient solutions that address the evolving demands of the legal industry.
The content of this article does not constitute legal advice and should not be relied on in that way. Specific advice should be sought about your specific circumstances.
