Wolters Kluwer Completes Acquisition of Brightflag
Deal News | Jun 11, 2025 | Globenewswire
Wolters Kluwer, a leader in information solutions, has completed its acquisition of Brightflag, which provides legal spend and matter management software globally. The announcement concludes a process that began with the agreement signing on May 29, 2025. Wolters Kluwer, listed on Euronext Amsterdam, reported revenues of €5.9 billion in 2024 and offers a broad range of services and solutions to professionals across various sectors including healthcare, tax, legal, and corporate compliance. The acquisition of Brightflag enhances Wolters Kluwer's suite of legal and regulatory solutions. Brightflag's AI-driven platform provides significant visibility and insights to legal operations, aligning well with Wolters Kluwer's strategy of combining deep domain expertise with cutting-edge technology. While forward-looking statements in the acquisition highlight potential risks, Wolters Kluwer emphasizes its goal of driving strategic value through this addition.
Sectors
- Legal Software
- Information Services
- Technology
Geography
- Netherlands – Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands, and plays a significant role in the Dutch corporate scene.
- Global – Brightflag serves a global market, providing legal management solutions to clients worldwide. Wolters Kluwer also operates in over 40 countries.
Industry
- Legal Software – Brightflag operates in the legal software industry, providing enterprise legal management software to streamline legal operations.
- Information Services – Wolters Kluwer is a major player in the information services sector, offering expert solutions to professionals in various domains.
- Technology – Both companies utilize advanced technology and software solutions, critical in enhancing productivity and strategic decision-making.
Financials
- 5.9 billion – Wolters Kluwer’s reported annual revenue for 2024.
Participants
Name | Role | Type | Description |
---|---|---|---|
Wolters Kluwer | Acquirer | Company | A global leader in information solutions, providing professional services in multiple sectors. |
Brightflag | Target | Company | An AI-powered enterprise legal management provider, enhancing visibility and insights for legal operations. |