Morrison Cohen Represents Brightflag Co-Founders in €425 Million Acquisition by Wolters Kluwer
Congratulations to Morrison Cohen clients Ian Nolan (CEO and Co-Founder of Brightflag) and Alex Kelly (COO and Co-Founder) on the company’s acquisition by Wolters Kluwer Legal & Regulatory. The all-cash transaction is valued at €425 million.
Brightflag is a leading global provider of AI-powered legal spend and matter management software. The acquisition significantly expands Wolters Kluwer’s presence in the mid-size corporate legal market across the U.S. and Europe, complementing its ELM Solutions business, which has traditionally served large corporations and their law firms.
Partners Jeff Laska and Alina Grinman and Associate Spencer Mizerak advised Brightflag’s co-founders in this milestone transaction.
Read the press release here.
Contacts
- Jeff Laska Partner & Chair, Executive Compensation & Employee Benefits
- jlaska@morrisoncohen.com
- Alina Grinman Partner & Vice-Chair, Executive Compensation & Employee Benefits
- agrinman@morrisoncohen.com
- Spencer Mizerak Associate
- smizerak@morrisoncohen.com
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