Hg Invests in Litera Microsystems

Hg Leads Majority Investment in Litera

November 5, 2021

Cloud & SaaS

Hg, a leading software-focused private equity firm, has made a further majority investment in Litera to support the legal-technology company's continued growth, product innovation, and geographic expansion. The funding will be used to accelerate expansion into new areas and invest in innovation to strengthen Litera’s legal workflow and document-management offerings.

Litera Microsystems Acquires Workshare

September 9, 2019

Software

Litera Microsystems has acquired Workshare to create a leading supplier of document-drafting technology, combining complementary document comparison and drafting capabilities into a single suite. The transaction is an add-on to Litera (which is backed by private equity firm Hg) and is intended to simplify workflows for law firms and corporate legal teams by consolidating products and support.

Litera Acquires Micron Systems Inc.

August 16, 2022

Software

Litera, a Chicago-based legal technology company, has acquired Micron Systems Inc., a provider of cloud-based talent management software for the legal and accounting professions. The acquisition expands Litera’s product capabilities in talent engagement, retention, and HR workflows for law and accounting firms.

Litera Acquires Kira Systems

August 10, 2021

AI & Machine Learning

Litera has agreed to acquire Kira Systems, a Toronto-based leader in machine learning contract analysis, to strengthen its Transaction Management platform and expand due diligence workflows. As part of the deal, Kira majority investor Insight Partners will become a minority investor in Litera while Hg remains Litera's majority investor; Kira's AI research team will spin out as a new company, Zuva.

Heggerty (L Squared Portfolio) Acquires Literably

July 18, 2024

Education

Heggerty, a portfolio company of L Squared Capital Partners, has acquired Literably, a digital literacy assessment platform used by hundreds of schools. The acquisition will integrate Literably's speech-AI driven assessments into Heggerty's myHeggerty ecosystem to expand literacy assessment capabilities and better support K-12 educators.

Litera Acquires Office & Dragons

November 29, 2024

Software

Litera has acquired Office & Dragons, a London-based document drafting and editing startup that uses generative AI to streamline legal document workflows. The acquisition brings Office & Dragons' mass-editing and document-generation capabilities into Litera's legal technology suite to enhance drafting, automation, and integrations across Litera products.