Mr. Morgan McLellan reports
DYE & DURHAM COMPLETES SALE OF TM GROUP FOR UP TO 91 MILLION POUNDS STERLING
Dye & Durham Ltd. has completed the sale of TM Group (U.K.) Ltd. to Aurelius, a globally active alternative investment firm.
As previously disclosed, Dye & Durham has sold TM Group for total consideration of up to 91 million British pounds, subject to transaction costs and certain adjustments. The net proceeds received by Dye & Durham at closing are being used to reduce the company's senior debt.
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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