M&A Deal Summary

CARET Acquires Commercial Logic

On December 21, 2017, CARET acquired information technology company Commercial Logic

Acquisition Highlights
  • This is CARET’s 1st transaction in the Information Technology sector.
  • This is CARET’s 4th transaction in the United States.
  • This is CARET’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2017-12-21
Target Commercial Logic
Sector Information Technology
Buyer(s) CARET
Deal Type Add-on Acquisition

Target

Commercial Logic

Etna, New Hampshire, United States
Commercial Logic, Inc. is a developers of practice management and workflow tools for accounting professionals. Commercial Logic has developed practice management and workflow tools with an exclusive focus on accounting firms for more than 30 years, as well as provided consulting services designed to help professional services companies streamline their internal processes.

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Buyer(S) 1

Buyer

CARET

San Diego, California, United States

Category Company
Founded 1983
Sector Internet Software and Services
DESCRIPTION

CARET is a vertical SaaS provider for compliance-focused professional services markets. Our purpose-built cloud infrastructure puts customers’ business data and vital applications into a virtual workspace that is accessible anywhere, anytime and from any device, enabling small and midsize legal and accounting firms to grow an efficient, secure, client-focused practice. CARET was founded in 1983 and is based in San Diego, California.


DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: New Hampshire M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2017 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-10 HotDocs

Scotland, United Kingdom

HotDocs is a provider of document automation software, with customers in 60 different countries and a user-base, globally, that exceeds one million. HotDocs is widely used in the legal, banking, insurance, government, public and corporate sectors, for increasing accuracy, reducing cost, mitigating risk, and improving efficiency in the generation of complex documentation. Users can quickly and efficiently generate customized documents such as contracts, sales agreements, government forms, and loan documentation. HotDocs was formed in 1996 and is headquartered in Scotland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 HotDocs

Scotland, United Kingdom

HotDocs is a provider of document automation software, with customers in 60 different countries and a user-base, globally, that exceeds one million. HotDocs is widely used in the legal, banking, insurance, government, public and corporate sectors, for increasing accuracy, reducing cost, mitigating risk, and improving efficiency in the generation of complex documentation. Users can quickly and efficiently generate customized documents such as contracts, sales agreements, government forms, and loan documentation. HotDocs was formed in 1996 and is headquartered in Scotland.

Sell -