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Peppermint secures over £10m in VC funding and appoints ex-Tikit new Chairman and CFO – UPDATED

In a move that will come as a major rebuff to its doubters, Peppermint Technology has secured over £10m of funding from leading venture capital firm Scottish Equity Partners (SEP) and hired former BigHand and Tikit CFO Mike Kent and former Tikit non-executive director Neville Davis to its board.

The cloud-based legal and dispute management technology provider, which was launched in 2010 with the backing of OLM Systems, said the investment and hires would be used to accelerate its growth and strengthen its bid to become the dominant IT player within the sector.

OLM Systems will remain as a shareholder in Peppermint, which currently has more than 5,000 users across 30 legal and dispute management firms, including the likes of Blake Morgan, Penningtons Manches and Ombudsman Services.

“The biggest reason is the change in our culture” – Knights enters the top 100 with Darbys acquisition

The chief executive of private equity-backed firm Knights Professional Services, which this week announced it is entering the top 100 with the acquisition of Darbys Solicitors, says that moving from an equity partnership to a corporate, more efficient structure has been the single most important factor in its success.

Knights in 2012 became the first commercial law firm to receive private equity funding, from Hamilton Bradshaw, the private equity house backed by entrepreneur and former Dragons Den investor James Caan.

The then 60 fee-earner and 90 support staff firm used the undisclosed sum to invest in more integrated technology, namely Tikit’s Partner for Windows practice management solution.

Tikit launch TMS 6.0 – taking templates to a new era – and to the US?

The latest incarnation of Tikit’s Template Management System (TMS v6.0) was released on Thursday at their launch event at the BT Tower, London. The Insider was present at the launch (see also video clip of interview with Tikit’s Mark Garnish) and here are some of our first thoughts…

James Caan’s law firm goes with Tikit for new IT platform

Knights Solicitors LLP, the UK’s first private equity backed commercial law firm, has taken further significant steps towards realising its ambitious growth plans by making a significant investment into IT with Tikit. Tikit’s Partner for Windows PMS and TikitConnect CRM were selected by a multi-disciplined user group, and following a focused project by a highly effective Knights/Tikit joint team, the firm successfully went live as planned on 1st September 2013.

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The DMS times are changing – NetDocuments win a new site in Australia and after the latest DMSforLegal SharePoint wins in the Netherlands, Epona says it is on target to knock Autonomy iManage off its perch and become the Benelux region market leader

Goodbye IRIS Legal, Hello Advanced Legal (Vinasty episode #97)

The story so far… Six years ago Vin Murria sold the CS Group, which subsequently became part of the IRIS Group, and left the company. Now she is back and her (she is the CEO) AIM-listed Advanced Computer Software Group plc has acquired Computer Software Holdings Ltd (which includes the IRIS Legal business) from the owners of the IRIS Group. Now read on…

Tikit’s latest video – and is Google+ any good

We’ve a new video here from the Tikit Group – featuring Duncan Eadie, the IT & Business Services director of Foot Anstey talking about the firm’s use of Tikit in an iManage WorkSite implementation project. And, still in the world of legal IT marketing, Tikit is now experimenting with Google+ – but what do readers think about it?

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