M&A Deal Summary

NetDocuments Acquires eDOCS

On October 2, 2025, NetDocuments acquired software company eDOCS from OpenText

Acquisition Highlights
  • This is NetDocuments’ 1st transaction in the Software sector.
  • This is NetDocuments’ 1st transaction in Canada.
  • This is NetDocuments’ 1st transaction in Ontario.

M&A Deal Summary

Date 2025-10-02
Target eDOCS
Sector Software
Buyer(s) NetDocuments
Sellers(s) OpenText
Deal Type Divestiture

Target

eDOCS

Waterloo, Ontario, Canada
eDOCS is an enterprise content management (ECM) software designed for law firms, legal departments, and professional services teams. It enables secure, fast access to sensitive work product across devices and applications streamlining workflows, improving collaboration, and keeping critical content accessible for everyday use.

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Buyer(S) 1

Buyer

NetDocuments

Lehi, Utah, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

NetDocuments is a provider of secure cloud-based document management, email management, and collaboration solutions to law firms and corporate legal and compliance departments. Today, the Company’s innovative end-to-end platform combines robust security, encryption, and compliance features with easy-to-use functionality that addresses the evolving needs of today’s professionals. NetDocuments was founded in 1999 and is based in Lehi, Utah.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Afterpattern

Brooklyn, New York, United States

Afterpattern is a no-code automation toolkit that law firms and legal teams use to produce hundreds of thousands of documents and workflow automations. Afterpattern was founded in 2016 and is based in Brooklyn, New York.

Buy -

Seller(S) 1

SELLER

OpenText

Waterloo, Ontario, Canada

Category Company
Founded 1991
Sector Software
Employees21,400
Revenue 5.2B USD (2025)
DESCRIPTION

OpenText is an independent software provider of enterprise information management (EIM). Open Text was founded in 1991 and is based in Waterloo, Ontario.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-24 Pillr

Wichita, Kansas, United States

Pillr offers SOC-as-a-Service (SOCaaS) to address the critical gaps left by standard EDR tools. Pillr was founed in 2018 and is based in Wichita, Kansas.

Buy -