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Clio acquires ShareDo to enhance legal tech offerings

PRIVATEMar 13, 2025about 1 year ago

Acquiring Company

Clio

Acquired Company

ShareDo

VancouverManchesterSoftwareSaasLegalLegal Tech

Description

Clio has announced the acquisition of ShareDo, a work management platform for law firms, as part of its strategy to enter the enterprise legal market. This acquisition aims to expand Clio's global reach and innovate the legal tech space. ShareDo's CEO will join Clio as the General Manager to ensure continuity in services. Clio plans to accelerate ShareDo's growth in key international markets following the acquisition.

Company Information

Company

Clio

Location

300-4611 CANADA WAY

Vancouver, Washington, United States

About

Clio is transforming the legal experience for all by creating the world's leading cloud-based technologies for law firms—to keep lawyers and their clients better connected throughout the legal process. Firms of all sizes and practice areas use Clio products—Clio Manage, Clio Grow, and Lawyaw—to manage firm operations, streamline billing and payments, automate legal documents, and improve client experiences. Following its US$250M Series D funding, led by TCV and JMI Equity, and its US$110M Series E investment, led by T. Rowe Price Associates, Inc. and OMERS Growth Equity, Clio has made history by becoming the first legal practice management unicorn in the world. Learn more at clio.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed