The deal adds Visualfiles' expertise in the provision of customised workflow applications for lawyers and other compliance professionals to LexisNexis Butterworths' 200-year heritage of authoritative information and technology.
A winner of the Queen's Award for Innovation, Visualfiles specialises in building workflow solutions for legal professionals - both law firms and in-house lawyers. It also provides products for leading banks, insurance companies, property firms, local authorities and government agencies. Visualfiles currently serves 450 customers, predominantly in the UK, of which 300 are law firms and the others evenly split between corporate and public sectors. Visualfiles employs 150 people, mostly based at its Leeds office.
Josh Bottomley, managing director of LexisNexis Butterworths, said: "We are delighted to be acquiring the pre-eminent and most innovative provider of workflow applications. Adding productivity tools to LexisNexis' client development, research and compliance solutions, Visualfiles will strengthen our ability to combine proprietary content and technology to drive the commercial success of our customers."
