Thomson Reuters , the world’s leading provider of intelligent information for businesses and professionals, announced today that it has acquired Business Integrity, a leading provider of document assembly and contract creation tools to the world’s most innovative law firms and corporations.
Effective immediately, the company is part of the Legal business of Thomson Reuters. Financial terms of the transaction were not disclosed.
Business Integrity has strong proprietary technology and is well-established in the UK legal market as well as the US and other key jurisdictions around the world. Its primary product is a document and contract automation software solution called ContractExpress, which provides lawyers and end-users with a faster, more efficient way to draft documents while ensuring consistency and reducing risk.
Thomson Reuters has a vision for growing and investing in Business Integrity and will continue to support its innovative template automation tools.
Business Integrity’s leading solutions make an excellent strategic fit and a natural complement to the strong brands and content owned by Thomson Reuters, including Practical Law, Westlaw and its innovative legal software and services offerings.
“The acquisition of Business Integrity helps support our vision of a more efficient and connected legal ecosystem that incorporates powerful technologies and workflow solutions. It complements our existing core offerings and allows us to share new capabilities with our customers around the world,” said Jan-Coos Geesink, managing director for the UK & Ireland legal business at Thomson Reuters.
“As such, this is an exciting acquisition and I’m delighted to welcome our new colleagues to Thomson Reuters.”
Business Integrity is headquartered in London with an office in New York City.