Yes, we know it is late Friday afternoon UK-time but it's still morning in America (well at least on the West Coast) and here is news of yet another acquisition…

Aderant today announced that it has acquired RainMaker Software, a well-respected company with more than 40 years of legal industry experience and developer of financial and practice management software for mid to larger sized law firms. RainMaker Software, founded in 1969, is a privately held company based in Blue Bell, Pa. Aderant will continue to support and enhance the RainMaker financial management products used by nearly 300 firms across the United States, Canada, and Latin America.

“With this latest acquisition, Aderant further strengthens our commitment to the legal and professional services market,” said Aderant CEO Chris Giglio. “The combined market share, industry expertise, and comprehensive suite of proven products and services now under the Aderant umbrella truly make us the go-to partner for firms worldwide.”

“This is an exciting time for RainMaker clients and employees,” said James Hammond, vice president of RainMaker Solutions (formerly president of RainMaker Software). By becoming part of the Aderant family, our clients will gain access to new products, innovative technology, and the highest levels of service and support.”

Comment: There are three issues here… The first is that it is going to be business as usual for Rainmaker sites – although they now get to benefit from being part of a far bigger corporation and there are clearly great synergies with the Client Profiles and CompuLaw product sets that Aderant acquired in August. The second factor is that Aderant is continuing to build its footprint and confirm its position as one of the global players in the global legal tech space – keeping up with the likes of Thomson Reuters and LexisNexis. And, finally, it demonstrates that the trend for consolidation is continuing and that the mid-term prospect for smaller independent vendors is either to get into bed with a larger partner or else risk being relegated to the second division of legacy/sunset players, for whom the light at the end of a tunnel is a train coming to run them down.