ALPHEN AAN DEN RIJN: Wolters Kluwer Legal & Regulatory has signed an agreement to acquire Libra Technology GmbH (Libra), a Berlin-based provider of AI technology for legal professionals, for up to €90 million, of which €30 million is an upfront payment with the balance being deferred consideration contingent upon reaching certain performance targets. Libra has…
Tag: Wolters Kluwer
Regnology Group to acquire Wolters Kluwer’s FRR unit in €450 million deal
AMSTERDAM: Wolters Kluwer Financial & Corporate Compliance (FCC) has entered into a binding agreement to sell its Finance, Risk and Regulatory Reporting (FRR) unit to Regnology Group GmbH for an enterprise value of approximately €450 million. The transaction is expected to close in the fall of 2025, pending regulatory approvals and employee consultations. The divestment…
Wolters Kluwer CEO Nancy McKinstry to retire in 2026, Stacey Caywood nominated successor
AMSTERDAM: Wolters Kluwer (Euronext: WKL) announced today that CEO and Chair of the Executive Board Nancy McKinstry will retire in February 2026 after a distinguished tenure. The Supervisory Board will nominate Stacey Caywood, current CEO of Wolters Kluwer Health, as a member of the Executive Board at the Annual General Meeting of Shareholders on May 15, 2025….
Wolters Kluwer to acquire IDS serving mortgage and real estate industry
AMSTERDAM: Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement with The Reynolds and Reynolds Company to acquire International Document Services Inc. (IDS), a leading U.S. provider of compliance and document generation software solutions for the mortgage and real estate industry, for approximately $70 million in cash. IDS will become an integral part of GRC’s Compliance Solutions business, a leading provider of compliance software for U.S. banks, lenders, credit unions, insurers,…
Wolters Kluwer acquires LicenseLogix
AMSTERDAM: Wolters Kluwer Governance, Risk & Compliance (GRC) has acquired LicenseLogix LLC, a provider of U.S. business licensing services. LicenseLogix is a premier provider of comprehensive business license services, including research, filing and ongoing compliance management. The company has been a strategic partner of GRC’s CT Corporation for over five years and today serves more than 800 corporate customers of all…
Wolters Kluwer to divest U.S. legal education business for $88mn
AMSTERDAM: Wolters Kluwer Legal & Regulatory U.S. has signed a binding agreement to sell its U.S. legal education business to Transom Capital Group for $88 million in cash. Wolters Kluwer intends to deploy the post-tax proceeds towards additional share repurchases to mitigate the adjusted EPS dilution related to the disposal. The divestment will allow Wolters…