Litera Acquires Kira Systems
August 10, 2021
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.
- Buyers
- Litera, Insight Partners, Hg
- Targets
- Kira Systems
- Industry
- AI & Machine Learning
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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