Transaction Overview
- Represented Software Technology, Inc. (“STI” or the “Company”) in its sale to Thompson Street Capital Partners.
- STI is a leading provider of legal financial/accounting and practice management software solutions. The Company’s flagship software platform, Tabs3®, performs mission critical billing, time-keeping and financial management functions and automates back-office workflows. PracticeMaster®, STI’s practice management software platform, delivers non-financial practice management tools to manage cases, contacts, calendars, and documents.
Key Observations
- The Company sought a partner that would be able to offer the desired operational expertise to accelerate growth and further capture market share in new geographies, as well as build on its reputation as a market innovator.