M&A Deal Summary

Tabs3 Acquires CosmoLex Cloud

On October 2, 2018, Tabs3 acquired software company CosmoLex Cloud

Acquisition Highlights
  • This is Tabs3’s 1st transaction in the Software sector.
  • This is Tabs3’s 1st transaction in the United States.
  • This is Tabs3’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2018-10-02
Target CosmoLex Cloud
Sector Software
Buyer(s) Tabs3
Deal Type Add-on Acquisition

Target

CosmoLex Cloud

Monmouth Junction, New Jersey, United States
CosmoLex provides law practice management software that integrates trust and business accounting, time tracking, billing, email and document management, and tasks and calendaring, in a single, cloud-based application. CosmoLex has offices in Monmouth Junction; Buenos Aires, Argentina and Bangalore, India.

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Buyer(S) 1

Buyer

Tabs3

Lincoln, Nebraska, United States

Category Company
Founded 1979
Sector Software
DESCRIPTION

Tabs3 is a provider of financial and practice management software for small to mid-size law firms. The Company’s flagship software platform, Tabs3, performs mission-critical billing, time-keeping, and financial management functions and automates back-office workflows. PracticeMaster, STI’s practice management software platform, delivers non-financial practice management tools to manage cases, contacts, calendars, and documents. Tabs3 and PracticeMaster are fully integrated and provide users with a single unified interface. Tabs3 was founded in 1979 and is based in Lincoln, Nebraska.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1