WTA Partners, the specialists in Technology Merger and Acquisitions (M&A) and business advisory services are thrilled to announce the acquisition, by their client CTS, of Tiger Eye Consulting, a leading iManage partner.
Founded in 2006, CTS is a provider of cloud and managed IT services dedicated to the British and Irish legal sectors, serving both law firms and barristers chambers. This acquisition strengthens CTS capabilities in the business and practice of law, enabling them to better transform the user experience and operational success of their legal industry clients.
Tiger Eye is renowned for the team’s knowledge and technical expertise, implementing, managing and optimising the iManage document management system (DMS), a key application used by 78% of the UK’s Top 200 law firms.
WTA has established a strong track record in both the MSP and Legal sectors, with sixteen transactions completed. This is WTA’s second acquisition for CTS.
Nigel Wright, Founder and CEO of CTS commented:
“Our working relationship with WTA has developed into a strong partnership, with an expanded brief, and they continue to be a most effective M&A advisor with deep market knowledge of both the MSP and Legal Tech sectors. Here they have used this knowledge to identify, approach and support us in agreeing the offer. This important acquisition expands our product portfolio and helps to deliver CTS’s vision of becoming the go-to digital transformation partner for law firms.”
Jeffrey Jenner, WTA Partners Director further commented:
“It is particularly pleasing to reinforce our leading position in the mid-market Cloud Services sector. This transaction also strengthens our track record in Legal Tech having now completed three transactions in just over eighteen months.”
For more insight on this transaction, a case study can be read here