Today, practice and case management software company MyCase announced it has been sold by its parent company AppFolio for approximately $193 million to private equity firm Apax Funds. The deal is expected to close by the end of the third quarter.
A press release announcing the sale noted that Apax Partners “will support MyCase with increased investments” in the areas of product development, sales and marketing. Umang Kajaria, partner at Apax, said the private equity firm is “excited” to partner with Mycase staff “to invest behind continued innovation and growth acceleration.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]