M&A Deal Summary

Uptime Systems Acquires LexCloud

On October 22, 2024, Uptime Systems acquired business services company LexCloud

Acquisition Highlights
  • This is Uptime Systems’ 1st transaction in the Business Services sector.
  • This is Uptime Systems’ 1st transaction in Canada.
  • This is Uptime Systems’ 1st transaction in Ontario.

M&A Deal Summary
Date 2024-10-22
Target LexCloud
Sector Business Services
Buyer(s) Uptime Systems
Deal Type Add-on Acquisition

Target

LexCloud

Toronto, Ontario, Canada
LexCloud is a legal cloud and IT service provider with a strong reputation in Canada for its specialized legal technology services and cloud hosting solutions. LexCloud is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Uptime Systems

Eden Prairie, Minnesota, United States
Category Company
Founded 2005
Sector Internet Software and Services
DESCRIPTION

Uptime Legal is a provider of Law Practice as a Service (LPaaS) for small and mid-sized law firms. Uptime Legal is committed to helping lawyers practice better by providing unparalleled services and innovative cloud-based solutions that solve real-world challenges for law firms and legal professionals.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-02 Flywire Technology

Statham, Georgia, United States

Flywire Technology is a provider of cloud services to law firms. Flywire’s customized hosted server solutions give access to applications and data anywhere, any time. Flywire Technology is based in Statham, Georgia.

Buy -
Mergr

Product

Company

Legal