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  6. Morae Acquires Adaptive

M&A Deal Summary

Morae Acquires Adaptive

On August 17, 2021, Morae acquired information technology company Adaptive

Acquisition Highlights
  • This is Morae’s 1st transaction in the Information Technology sector.
  • This is Morae’s 1st transaction in the United States.
  • This is Morae’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-08-17
Target Adaptive
Sector Information Technology
Buyer(s) Morae
Deal Type Add-on Acquisition

Target

Adaptive

Philadelphia, Pennsylvania, United States
Adaptive is a legal technology partner (including USA and India), provides clients with appropriate Information Technology solutions; not bleeding edge but leading edge, thereby improving their business processes, enhancing the security of their intellectual property, ensuring business continuity, and reducing their cost of operations. Adaptive was founded in 1998 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

Morae

Houston, Texas, United States
Category Company
Founded 2015
Sector Business Services
DESCRIPTION

Morae is a full-service, integrated provider of services for the legal departments and compliance functions of large corporations and major law firms around the world. Morae was founded in 2015 and is based in Houston, Texas.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 Janders Dean International

London, United Kingdom

Janders Dean is a niche independent consultancy founded in 2007. Core areas of expertise include analysis services for strategic and operational planning projects across the legal industry. As a team of leading management consultants and trusted experts across a number of areas, Janders Dean takes pride in their unparalleled industry knowledge and ability to separate fact from hype. Clients include a number of leading law firms and corporate in-house departments in the United Kingdom, the United States, and the Asia Pacific region.

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