Computer Software Group buys another – this time its Mountain
The Computer Software Group Ltd (CS Group) has just announced that it has acquired Mountain Software Group Ltd to expand and strengthen its solution portfolio for the legal sector. This acquisition, following the acquisitions in 2006 of the AIM Group (April), Laserform (June) and Videss (July), enables CS Group to broaden its coverage of the specialist software market servicing solicitors in England and Wales, to enter the solicitors market in Scotland, and to build on the strong market position that Mountain Software has successfully established in barristers and coroners sectors.
Vin Murria, CEO of Computer Software Group commented: “As a leading supplier to the legal sector we need to be able to offer our customers the solution choice in all the key sub-sectors: solicitors, barristers and coroners. This acquisition will extend CS Group's coverage of the solicitors' market in England and Wales while adding the 25% market share of the solicitors' market in Scotland. We will also be able to offer a broader solution portfolio to the strong client base that Mountain has established with both barristers and coroners, with over 90% market share”.
Ian Knox, Managing Director of Mountain Software added: “This move has given Mountain Software, its clients and staff a secure and exciting future. The CS Group Legal Division has become the largest and most influential player in the legal IT market and we are proud to be on board. The Group's additional resource and expertise will enhance Mountain Software' ongoing programme of developing and delivering leading IT solutions to all key sectors in the legal market.”
The Legal Division of the CS Group now has a combined customer base exceeding 4000 law firms, professional services organisations, public sector and corporate legal departments, as well as over 300 barristers chambers. (Because the CS Group is no longer publicly listed, it no longer has to disclose the price it paid for Mountain.)