Wolters Kluwer acquires Level Programs
acquires Level Programs
Alphen aan den
2022 — Wolters Kluwer Legal
& Regulatory today announced it has signed and completed an
agreement to acquire Level Programs S.L., a provider of legal
practice management software in Spain.
Level Programs will become part of Legal & Regulatory’s
Legal Software business in Europe, which includes Kleos software
for law firms and Legisway software for corporate legal
departments. Level Program’s principal product is Kmaleon, which is
a platform used by mid-sized law firms in Spain to efficiently
manage their cases and documents, billing, accounting, and time
Giulietta Lemmi, CEO Legal & Regulatory Legal Software at
Wolters Kluwer, commented: “We are committed to supporting our
customers’ performance with the best-in-class legal practice
management solutions that cover all core functions and meet the
requirements of modern law firms with digital end-to-end processes.
Bringing together the expertise and know-how of Level Programs and
our own teams in Spain will enhance the level of services that we
provide to our Spanish clients. With this acquisition, Wolters
Kluwer gains a leading position in the Legal Software market in
Justo López Fabo, CEO of Level Programs, said: “Wolters Kluwer
is a good fit for the next phase of Kmaleon, a solution that enjoys
high customer satisfaction rates.”
Level programs, founded in 1988, is headquartered in Terrassa,
Spain and employs 26 professionals. The acquisition will have an
immaterial impact on Wolters Kluwer’s earnings and is expected to
deliver a return on invested capital (ROIC) above Wolters Kluwer’s
after-tax cost of capital (8%) within three to five years.
About Wolters KluwerWolters Kluwer (EURONEXT:
WKL) is a global leader in professional information, software
solutions, and services for the healthcare; tax and accounting;
governance, risk and compliance; and legal and regulatory sectors.
We help our customers make critical decisions every day by
providing expert solutions that combine deep domain knowledge with
specialized technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 19,800
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and
are included in the AEX and Euronext 100 indices. Wolters Kluwer
has a sponsored Level 1 American Depositary Receipt (ADR) program.
The ADRs are traded on the over-the-counter market in the U.S.
For more information, visit www.wolterskluwer.com, follow
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- 2022.06.28 Wolters Kluwer acquires Level Programs
Grafico Azioni Wolters Kluwers NV (EU:WKL)
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Grafico Azioni Wolters Kluwers NV (EU:WKL)
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