- Roper Technologies Inc ROP unit Aderant, a provider of business software to law firms, has acquired American LegalNet (ALN). Deal terms were not disclosed.
- Los Angeles, California-based ALN provides court forms, eFiling, calendaring and docketing solutions. ALN, founded in 1996 by Erez Bustan, has employees throughout the U.S. and in Hyderabad, India.
- ALN provides "Desktop to Courthouse" litigation workflow solutions that include eDockets, Docket Direct, Forms WorkFlow, Smart Dockets, Docket Alerts, and eFiling Portal.
- Over the coming months, Aderant plans to strategically combine the best features of ALN eDockets and its rules calendaring solution CompuLaw to create a native cloud calendaring and docketing solution.
- Roper Technologies held cash and equivalents of $352.5 million as of September 30, 2021.
- Price Action: ROP shares are trading higher by 0.64% at $473.17 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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