Exclusive: Advanced increases legal forms stronghold with acquisition of Oyez Professional Services
Advanced has acquired Oyez Professional Services, increasing the UK software vendor’s stronghold on forms for the profession, Legal IT Insider has learnt. Advanced acquired rival company Laserform for £4.8m back in 2006.
News of the deal means that FormEvo and SDLT are believed to the only Law Society approved independent forms providers remaining in the market.
Laserform has been operating in the forms market for over 30 years. It has more than 3,000 used and non-prescribed forms in its library and is understood to be the most comprehensive in the market.
Oyez Professional Services specialises in legal forms, the digital submission of data, dictation and transcription technologies and professional document reproduction. Its OyezForms division, provides over 1,500 forms that integrate with most case and document management systems and includes a powerful search facility.
Advanced will now embark on a 90-day onboarding and integration process and the company has plans to shake up the forms space.
The Oyez deal is one of a number of recent acquisitions for Advanced. The company bought Cheshire-based Kirona, which specialises in workforce management and resource scheduling software last week. A further deal is also expected to be announced imminently.
By Amy Carroll