Simpson Thacher is representing funds advised by Apax Partners in connection with their agreement to acquire MyCase, Inc. (“MyCase”), a leading provider of cloud-based legal practice management software and payment services to law firms, for approximately $193 million in cash. The transaction is expected to close before the end of the third quarter, subject to regulatory approval and other closing conditions.
Founded in 2010, MyCase is a leading cloud-based legal practice management software designed to help firms run efficiently from anywhere, provide an exceptional client experience and easily track firm performance so that firms can reach their business goals. MyCase covers the entire client lifecycle with Lead Management, Case Management, Billing and Invoicing, and robust Reporting. It includes market leading features such as integrated MyCase Payments, 2-way text messaging, and the MyCase Client Portal to centralize client communication and share files securely.
The Simpson Thacher team includes Ryerson Symons, Ben Schaye, Yui Hirohashi, Melissa Parres and Robert Harrison (M&A); Lori Lesser, Melanie Jolson and Kate Mirino (Intellectual Property); Jonathan Goldstein, Sophie Staples and Scott Grundei (Tax); Andrew Blau, Jason Fixelle and Alan Fenyes (Executive Compensation and Employee Benefits); Krista McManus (Real Estate); Vanessa Burrows (Healthcare); Michael Isby (Environmental); Steven DeLott (Insurance); and Sara Razi, Kelly Karapetyan, Étienne Renaudeau and Nicholas Ingros (Regulatory).