The Channel logo

News

By | Team Register 27th June 2006 14:45

Computer Software Group buys Laserform (the company)

Gets legal

Computer Software Group (CS Group), the acquisitive VAR, has bought its second software-for-lawfirms specialist.

This time around it has bought Laserform, an apps developer for law firms, for £4.8m - £4.3m cash and £500K in shares. Laserform also has £1.5m in cash, so that brings down the effective purchase price to £3.3m.

Laserform employs over 60 staff in London, Lymm (Cheshire) and Bristol. It claims 3000 customers and made £500K PBT on c. £4m t/o in its last financials.

Last month, CS Group bought AIM, the Hull developer of practice management software for law firms for a reported £5.3m. ®

alert Send corrections

Opinion

Lightning

Jack Clark

Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Microsoft CEO Satya Nadella
ARA_LIbertad

Chris Mellor

Elliott Management sinks its teeth into retiring godhead

Features

Sinofsky's hybrid strategy looks dafter than ever
Failure to crack next-gen semiconductors threatens to set back humanity
SMEs get lip service - what they need is dinner at the Club
SAP Match Insights
Vorsprung durch grossendatatechnik, as we like to say in Germany