Serent-backed Actionstep Acquires FilePro

Actionstep Acquires LawMaster

September 15, 2022

Cloud & SaaS

Actionstep, the Serent Capital-backed cloud practice management platform, has acquired Australian legal software company LawMaster. The deal combines Actionstep's global cloud offering with LawMaster's configurable practice management products and customer base (LawMaster ~4,000 daily subscribers), enabling further technology investment and scale for mid-market law firms.

Serent Capital Invests in Actionstep

September 30, 2020

Cloud & SaaS

Serent Capital has made a growth capital investment in Actionstep, the cloud-based legal practice management software provider, to support product, sales, and organizational expansion. The partnership will help Actionstep accelerate growth and expand its footprint in the United States and other core markets.

Actionstep Acquires Soluno from AffiniPay

September 25, 2023

Software

Actionstep has acquired Toronto-area legal accounting software provider Soluno from professional services payments company AffiniPay. The deal brings Soluno's accounting capabilities into Actionstep's legal practice management platform as the companies plan to integrate the products and offer a unified solution to midsize law firms across the U.S. and Canada.

Serent-backed KEV Group Acquires Gray Step Software

September 20, 2024

Education

KEV Group, backed by Serent Capital, has acquired California-based Gray Step Software, a provider of web-based accounting and fundraising solutions for K-12 student bodies, boosters, and PTAs. The add-on strengthens KEV's leadership in school activity fund management software across North America and expands its product portfolio and customer reach.

Actionstep Acquires Traced to Accelerate AI Time Capture

January 28, 2026

Software

Actionstep, a cloud-based law firm management software provider, has acquired early-stage passive time capture startup Traced to accelerate development of its AI-powered Trace time capture module. The acquisition brings Traced’s founder and technology into Actionstep’s product team to strengthen automated, AI-driven time capture for midmarket law firms.

FLEX Capital Acquires Majority Stake in PROXORA

June 27, 2024

Software

FLEX Capital, an operational private equity fund focused on mid-sized software companies in the DACH region, has acquired a majority stake in PROXORA, a Munich-based provider of compliance management software. The investment will support PROXORA's growth and accelerate development and SaaS migration as the company expands its platform and team to become a leading European compliance software provider.