Mitratech Acquires Bridgeway Software
Founded in 1989, Bridgeway Software enables leading corporations and government agencies to optimize productivity, reduce cost, and mitigate risk with an integrated technology approach for legal and compliance management through its flagship products, LawManager®, eCounsel®, and Secretariat®. Bridgeway is headquartered in Houston, TX.
"Bridgeway's strength in government through its LawManager product, along with the broad SaaS infrastructure within its eCounsel Suite, are complementary to the Mitratech business, and the combined new organization is uniquely positioned to meet the rapidly evolving needs of legal departments of all sizes, industries, and geographies," said Jason Parkman, Mitratech CEO. "Our mission is to enable the legal department to be the best-run function in the organization, and Bridgeway's reputation for exceptional client service and products, along with market-leading expertise, further extends Mitratech's ability to deliver on that mission."
With the acquisition, Mitratech's client base expands by more than 300 new clients and now includes nearly 600 corporate and governmental entities, including 7 of the Fortune 10 and more than 30 percent of the Fortune 500 -- along with almost 10,000 of their external partners, including 99 of the Global 100 and 100 percent of the AmLaw 200 law firms.
Support and services for all products will continue uninterrupted. Mitratech will immediately add Bridgeway's solutions, including matter and case management, spend management, legal hold, and corporate governance, to its portfolio of ELM solutions available to the market.
"Mitratech and Bridgeway are well aligned in terms of our culture, our mission, and our focus," noted Pat O'Donnell, Bridgeway Software CEO and Founder. "I am excited about the possibilities. As the largest privately held company in the ELM market, the combined organization will be able to react faster and deliver a client experience that is second to none."
The financial terms of the deal are not being disclosed.
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