Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Dye & Durham Close GlobalX Acquisition

Stockhouse Editorial
1 Comment| July 2, 2021

{{labelSign}}  Favorites
{{errorMessage}}

A leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals known as Dye & Durham Limited Ltd. (TSX: DND) announced on Friday that it had closed its agreement to acquire GlobalX Information Pty Ltd for approximately $159 million (CAD). On June 17, 2021, the Australian Competition & Consumer Commission announced that it would not oppose the transaction, providing clearance for Dye & Durham to proceed with closing of the acquisition.

Dye & Durham CEO Matt Proud said, “We are excited to be moving forward with the acquisition of GlobalX and welcoming the company and its team into Dye & Durham. We expect a seamless integration of GlobalX with our existing Australia business and, importantly, a transition which is not disruptive to our customers.”

For the full news release, click here.

One of Australia's most successful technology companies, GlobalX has operations across Australia and the United Kingdom. Established in 1994, the firm focuses on innovative technology solutions and support services for law firms, conveyancers, financial institutions, property planning professionals and government bodies. GlobalX offers unique cloud-based software solutions, including online property and business regulatory information, practice management software, conveyancing workflow, electronic contracts, and legal support services.


Tags:

{{labelSign}}  Favorites
{{errorMessage}}

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to be able to post a comment.

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today