Software and Technology

CosmoLex Cloud

Provider of SaaS financial and practice management solution for small law firms.

Transaction Overview

  • Represented CosmoLex Cloud, LLC (“CosmoLex” or the “Company”) in its sale to Tabs3, a portfolio company of Thompson Street Capital Partners.
  • CosmoLex is a leading provider of cloud-based legal practice management software serving thousands of solo- to mid-sized law firms across the United States and Canada.
  • The Company’s proprietary cloud technology includes integrated trust and business accounting, time tracking, billing, email & document management, and tasks & calendaring functions, all in a single cloud solution.

Key Observations

  • The Company had received inbound interest from a portfolio company of Thompson Street Capital Partners, Tabs3, who our team had represented in its 2016 sale.
  • Tabs3 was looking to further build out its SaaS capabilities as law firms increasingly demand agile cloud-based solutions.
  • CosmoLex’s founder reached out to our team given our unparalleled legal tech expertise to help the shareholders evaluate the offer put forth for the Company.
Hennepin Partners LLC