Add-on Acquisition • Software

Actionstep Acquires FilePro

On August 31, 2023, Actionstep acquired software company FilePro

Acquisition Context
  • This is Actionstep’s 2nd transaction in the Software sector.
  • This is Actionstep’s 2nd transaction in Australia.

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M&A Deal Summary

Date August 31, 2023
Target FilePro
Sector Software
Buyer(s) Actionstep
Deal Type Add-on Acquisition

Target Company

FilePro

Canning Vale, Australia
FilePro is a developor of legal practice management software. FilePro is an all-in-one PMS with matter management at its core and includes time capture and billing, trust and general ledger accounting, document assemble, storage and management with workflow, tasks and CRM. FilePro was founded in 1989 and is based in Canning Vale, Australia.
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Buyer Overview 1

Buyer

Actionstep

Denver, Colorado, United States

Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

Actionstep is a cloud-based legal practice management system that helps small and mid-sized law firms across all practice areas drive improved efficiency in case and administrative work. By bringing together client relationship management, matter management, billing & trust accounting, document automation & storage, time tracking, and reporting in one software solution, Actionstep helps transform law practices into more efficient businesses. Actionstep was founded in 2004 and is based in Denver, Colorado.


Deal Context for Buyer #
Overall 2 of 3
Sector: Software 2 of 2
Type: Add-on Acquisition 2 of 2
Country: Australia 2 of 2
Year: 2023 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-15 LawMaster

New Farm, Australia

LawMaster offers a comprehensive practice management software solution for high volume, commercial legal enterprises. LawMaster’s fully integrated, intelligent functionality, designed for complex and interrelated matter management, improves visibility and automates administrative tasks to upgrade law firm performance and productivity. LawMaster is based in New Farm, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-22 Soluno

Mississauga, Ontario, Canada

Soluno is a cloud-based legal software that specializes in accounting, billing, trust, time/expense entry, and matter management. Soluno is based in Mississauga, Ontario.

Buy -