After acquiring five companies in 2021, legal, risk and compliance tech provider Mitratech appears poised to continue its accelerated M&A strategy into 2022. Today, the Austin, Texas- based company announced it acquired corporate legal spend management and data analytics software provider Quovant for an undisclosed sum.

While Mitratech’s tech suite has included features to assist corporate legal departments in processing legal invoices and their outside counsel guidelines with its TeamConnect, Acuity ELM and TAP Workflow Automation products, Mitratech CEO Mike Williams noted Quovant provides access to “advanced legal spend analytics” and “deep expertise” in claims management.