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

Merlin Data Center Interior

Trevor Pott

Enterprises want them, but they're still a pain in the ASCII
WWI French tank picture via Shutterstock
Vinod_Khosla

Chris Mellor

A VC with startup agenda slams established suppliers. Surprised? Neither were we
ZenPad_RealRacing

Features

Eclipse image via Shutterstock
The Azure Portal: Microsoft is betting on cloud for its future business
container_ship_hamburg_shutterstock_648
Michael Dell. Pic by Joi Ito
Cool Texas dude is just your average billionaire