AffiniPay, the parent company of legislation exercise administration enterprise MyCase, has offered off the authorized accounting software package Soluno to an additional law practice management business, Actionstep, in what the New Zealand-based mostly Actionstep claims is an crucial milestone for its growth into the U.S. and Canadian markets.
MyCase obtained the cloud-dependent Soluno in 2021, declaring at the time that it would leverage Soluno’s expertise to build entire-featured accounting natively inside the MyCase platform. When AffiniPay, the mum or dad enterprise of LawPay, obtained MyCase in June 2022, Soluno was section of the deal.
Soon just after, in August 2022, MyCase released its own native accounting operation.
In the meantime, Actionstep, a apply management enterprise founded in New Zealand in 2004 that mainly serves mid-sized legislation corporations, has been growing its market place in the U.S.
It now has approximately 1,000 shoppers in the U.S. and some 15,000 specific subscribers across North The united states. Last 12 months, it opened a U.S. headquarters in Denver the place its CEO, Early Stephens, who succeeded founder Ted Jordan last calendar year, is dependent.
Its acquisition of Soluno, it said, “brings alongside one another two complementary, class-foremost software package solutions with remarkable legal follow management and lawful accounting capabilities to very best provide the needs of present day, midsize legislation corporations throughout the U.S. and Canada.”
Actionstep reported that it intends to integrate the two merchandise in get to create a unified system for midsized regulation companies that brings together Actionstep’s observe management computer software and Soluno’s accounting program.
Prospects can also continue to obtain Actionstep and Soluno as standalone products, it stated.
“This is an essential milestone for Actionstep in the U.S. and Canada,” explained Actionstep CEO Stephens. “As Actionstep carries on to innovate and refine our technological know-how for the legal midmarket, the addition of Soluno brings sophisticated lawful accounting abilities to our presently detailed exercise management giving.”
Soluno cofounder and CEO Alan Tuback mentioned that he could not visualize a much better property for his program than Actionstep. “Actionstep’s eyesight for modernizing midsize firms with innovative, adaptable apply administration technologies is totally aligned with Soluno’s ethos. Our first precedence is to make certain Soluno clients know they will continue on to be very well taken care of by our team now and in long term.”
Last month, Actionstep obtained Australian follow administration company FilePro and its 4,000 buyers in Australia. In 2022, Actionstep obtained the Australian apply management firm LawMaster.
Though those people earlier acquisitions are specific at Actionstep’s enlargement in the Australian marketplace, the acquisition of Soluno is squarely qualified at the North American sector.