Maples Group Advises Brightflag on its Sale to Wolters Kluwer
Maples and Calder, the Maples Group’s law firm, is pleased to have advised Brightflag, a fast-growing, cloud-based provider of AI-powered legal spend and matter management software, on its sale to Wolters Kluwer for approximately €425 million.
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Colm Rafferty, Claire Morrrissey and Jordan O’Brien, Partners in the Corporate and Commercial practice in Dublin, and Associates Lianne Canty, James Reidy, Sarah Lydon and Emily Fenton provided Irish legal counsel to Brightflag on the sale. Brightflag is an AI-powered legal operations platform designed to streamline matter management, control legal spend, and enhance collaboration between corporate legal departments and outside counsel. Founded in 2014 by Alex Kelly and Ian Nolan, the company’s 155 employees will join Wolters Kluwer’s Legal & Regulatory division.
Commenting on the transaction, Colm Rafferty said: “Congratulations to Alex, Ian, One Peak and all the team at Brightflag on such an exciting deal. We have acted as legal partner to Brightflag for many years, allowing us to watch this company grow into a huge Irish success story. This transaction serves as yet another example of our team’s unparalleled expertise in high-value M&A deals involving Irish innovation driven enterprises.”
Maples and Calder’s market leading global Corporate practice has extensive experience acting as lead counsel for buyers, sellers, investors, issuers and acquisition targets across a range of sectors. The Dublin team has advised on some of the most high-profile acquisitions of Irish targets by global counterparties, such as the sale of Steripack Group to Exponent, Taoglas to Graham Partners, Version 1 to Partners Group and AMCS to EQT.
