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DND Dye and Durham Limited

13.30
0.00 (0.00%)
29 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dye and Durham Limited TSX:DND Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.30 13.00 13.50 0 12:34:11

Dye & Durham acquires practice management software provider GhostPractice

23/05/2023 1:00pm

PR Newswire (Canada)


Dye and Durham (TSX:DND)
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  • GhostPractice is a global provider of practice management software to about 10,000 users working primarily in small and medium law firms
  • Acquisition complements Dye & Durham's existing product offering, expands capabilities and will help drive recurring contracted revenue growth

TORONTO, May 23, 2023 /CNW/ - Dye & Durham Limited (TSX: DND) ("Dye & Durham" or the "Company"), one of the world's largest providers of cloud-based legal practice management software designed to make managing a law firm, organizing cases, and collaborating with clients easy, today announced it has acquired GhostPractice Inc. ("GhostPractice").

Dye & Durham Logo (CNW Group/Dye & Durham Limited)

Headquartered in Cape Town, South Africa, GhostPractice is a leading provider of legal practice management software to about 10,000 users working primarily in small- and medium-sized law firms. With about 110 employees, GhostPractice is the largest provider of legal practice management software in South Africa and also serves law firms in Canada. Financial terms were not disclosed.

"Today's transaction strongly complements our existing product suite, expands our global practice management capabilities and footprint and will also accelerate our strategy to increase recurring contractual revenue," said Dye & Durham CEO Matthew Proud. "We are building Dye & Durham into the world's legal technology leader. The acquisition of GhostPractice marks yet another concrete step on this journey, while diversifying our business into a new geography."

GhostPractice's legal practice management software offers mission-critical features that include case management, billing and trust accounting, document management, time capture, document storage and automated document generation, among others.

About Dye & Durham

Dye & Durham Limited provides premiere practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, and Australia.

Additional information can be found at www.dyedurham.com.

SOURCE Dye & Durham Limited

Copyright 2023 Canada NewsWire

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