Clio Expands Global Reach with ShareDo Acquisition
Deal News | Mar 13, 2025 | PR Newswire Cision Clio
Clio, a leader in cloud-based legal technology, has announced its acquisition of ShareDo, a UK-based provider of adaptive work management platforms for large law firms. This strategic move marks a substantial leap forward in Clio's expansion within the enterprise legal market and underlines its commitment to innovation in legal technology. ShareDo's software, known for enhancing efficiency and streamlining operations for mid to large firms, will now become a part of Clio's comprehensive solutions portfolio. The acquisition also facilitates ShareDo's broader reach into the United States and other international markets, leveraging Clio's existing global network. This move is anticipated to spur growth and innovation in the legal tech sector, particularly catering to large law firms eager for more flexible, advanced cloud solutions. Notably, ShareDo's founder, Ben Nicholson, joins Clio as General Manager, ensuring continuity and further expansion of ShareDo’s services.
Sectors
- Legal Technology
- Software as a Service (SaaS)
- Mergers and Acquisitions
Geography
- United Kingdom – ShareDo is a UK-based company, and the acquisition reflects Clio's intention to expand ShareDo's presence further in the UK market.
- United States – The article highlights Clio's strategy to extend ShareDo's solutions into the US, marking it as a significant geography for expansion.
Industry
- Legal Technology – The article focuses on the legal technology sector, highlighting Clio's acquisition of ShareDo to expand its legal tech offerings for large law firms.
- Software as a Service (SaaS) – Clio and ShareDo both provide cloud-based software solutions to the legal industry, aligning with the SaaS industry classification.
- Mergers and Acquisitions – The core of the article discusses Clio's strategic acquisition of ShareDo, marking it as a significant M&A event in the legal tech sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clio | Buyer | Company | A global leader in cloud-based legal technology. |
| ShareDo | Target Company | Company | A UK-based provider of adaptive work management software for large law firms. |
| Jack Newton | CEO of Clio | Person | CEO and Founder of Clio, leading the company through strategic expansions like the acquisition of ShareDo. |
| Ben Nicholson | CEO of ShareDo | Person | Founder of ShareDo, who joins Clio as General Manager post-acquisition. |