Dye & Durham makes two acquisitions in the legal technology industry
TORONTO, March 8, 2019 /CNW/ - Dye & Durham Corporation ("Dye & Durham"), a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, announced today it has purchased the assets of Cyberbahn and Marque d'or, which specialize in corporate search and registration and litigation support services from Thomson Reuters Canada Limited. Dye & Durham has also acquired Index Property Information Ltd. ("Index PI"), a technology-enabled real estate search company based in the United Kingdom ("UK").
These acquisitions continue to add to Dye & Durham's growing portfolio of legal technology services focused on the Canadian and UK markets. The additions of Cyberbahn, Marque d'or and Index PI, supercharge Dye & Durham's already strong organic growth and fits well with the Company's acquisition strategy.
Maria Cooley, General Manager for Thomson Reuters Legal and Tax in Canada states, "Cyberbahn and Marque d'or have a long history of providing exemplary support through experienced staff and web-based technology to the law clerk and paralegal community. We feel Dye & Durham is uniquely positioned to build on this tradition of excellent customer experience, technology and service."
Matt Proud, CEO of Dye & Durham, stated, "With the addition of Cyberbahn and Marque d'or, Dye & Durham will continue to maintain focus on innovation and best-in-class technology and customer service."
Dye & Durham continues to expand its leadership in legal solutions further, extending its expertise to the UK with its acquisition of Index, a technology-enabled property search solution for residential and commercial real estate.
"Index PI is recognized as an industry leader across England and Wales," said Matt Proud, "Combining this strong product offering with Dye & Durham's technology expertise and growing presence in the UK legal industry, we will be able to deliver a complete, best-in-class solution to our customers."
About Dye & Durham
Dye & Durham Corporation is a leading developer of software and technology solutions designed to maximize efficiency and increase productivity for legal and business professionals. With a commitment to innovation, the company has grown to 350 employees in Canada and the United Kingdom and serves blue chip customers including many of Canada's largest legal firms, financial institutions, and government organizations. Dye & Durham's Chief Executive Officer, Matt Proud, was recognized as one of Canada's Top 40 Under 40® honorees for 2018.
Additional information can be found at www.dyedurham.com
About Thomson Reuters
Thomson Reuters is the world's leading provider of news and information-based tools to professionals. Our worldwide network of journalists and specialist editors keep customers up to speed on global developments, with a particular focus on legal, regulatory and tax changes. The business has operated in more than 100 countries for more than 100 years.
For more information, visit www.thomsonreuters.ca.
SOURCE Dye & Durham
Jeff Corcoran, Dye & Durham, 416-640-7100 ext. 3472, [email protected]; Dave Moran, Thomson Reuters, [email protected], 416-687-7378
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