10:09:51 EDT Sun 19 May 2024
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or Name
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CA



Dye & Durham Ltd
Symbol DND
Shares Issued 55,626,060
Close 2023-05-19 C$ 16.65
Market Cap C$ 926,173,899
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Dye & Durham acquires GhostPractice

2023-05-23 11:50 ET - News Release

Mr. Matthew Proud reports

DYE & DURHAM ACQUIRES PRACTICE MANAGEMENT SOFTWARE PROVIDER GHOSTPRACTICE

Dye & Durham Ltd. has acquired GhostPractice Inc.

Headquartered in Cape Town, South Africa, GhostPractice is a leading provider of legal practice management software to about 10,000 users working primarily in small and medium-sized law firms. With about 110 employees, GhostPractice is the largest provider of legal practice management software in South Africa and also serves law firms in Canada. Financial terms were not disclosed.

"Today's transaction strongly complements our existing product suite, expands our global practice management capabilities and footprint, and will also accelerate our strategy to increase recurring contractual revenue," said Dye & Durham chief executive officer Matthew Proud. "We are building Dye & Durham into the world's legal technology leader. The acquisition of GhostPractice marks yet another concrete step on this journey while diversifying our business into a new geography."

GhostPractice's legal practice management software offers mission-critical features that include case management, billing and trust accounting, document management, time capture, document storage, and automated document generation, among others.

About Dye & Durham Ltd.

Dye & Durham provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions, and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland and Australia.

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