Hennepin Partners Advises NetDocuments on its Acquisition of Worldox
Lehi, UT – Hennepin Partners announced it has successfully advised NetDocuments, the most trusted cloud platform where legal professionals do their best work, on its acquisition of Worldox, a global document management system (DMS) provider that has helped shape the legal technology landscape for more than 30 years. Hennepin Partners served as NetDocuments’ exclusive financial advisor.
NetDocuments, backed by over 20 years of experience in cloud innovation, supports 3,600+ law firms, corporate legal departments, and public sector entities with solutions that drive better user experiences and business outcomes. NetDocuments offers a complete end-to-end platform for document and email organization and management, including award-winning security and research capabilities; robust automation, collaboration, and search technologies; seamless integrations with other tools professionals use daily; and much more.
Leadership from both organizations identified a customer-first approach and vision for the future as key synergies that will align customers for success as they move to future-proof their firms with the leading cloud DMS in the industry.
“We are thrilled to welcome Worldox customers, partners, and employees to NetDocuments, and look forward to building upon the strong relationships established by the Worldox team,” stated Josh Baxter, CEO of NetDocuments. “Going forward, our focus will be integrating Worldox customers onto our cutting-edge platform at their own pace, while delivering on our commitment to all of our customers through continual innovation on the NetDocuments platform.”
This acquisition comes following NetDocuments’ latest product launch of PatternBuilder, a document and workflow automation tool which uniquely combines a rich DMS experience with inherited security capabilities and advanced legal automation technologies. Law firms and legal teams on the NetDocuments cloud platform are well-positioned to take advantage of solutions like this that address their biggest document organization, collaboration, automation, and governance challenges.
Rebecca Sattin, Co-CEO and CIO at Worldox commented, “Industry trends among law firms and legal teams reflect a prevailing cloud-first strategy and the desire to future-proof their organizations with platforms that can deliver a wide variety of tools, seamlessly connect to other technologies, and scale with their needs. NetDocuments’ proven ability to support these capabilities, coupled with their commitment to innovating new, customer-inspired solutions, made the combining of our organizations a win-win for customers, partners, employees, and the legal industry as a whole.”