Mon, 17 Mar 2025 | BUSINESS SALE
“Powerhouse” legal case management platform ShareDo has been bought by global legal technology business Clio.
Based in Alderley Edge, ShareDo produces case and matter management software designed to streamline work processes, enhance efficiency, and maximise profitability for mid to large firms.
Founded in 2011, it serves many of the world's top global firms, including dozens of the largest law firms in the UK and a growing base in the US, Canada, and Australia. ShareDo was initially bootstrapped before taking on “a small amount” of venture capital funding in 2018 from Sussex Place Ventures.
The acquisition expands Clio's global footprint and, it said, underscores the opportunity for innovation within this area of the legal industry.
The company plans to accelerate ShareDo's expansion in the UK and priority international markets, including the US, in the coming year.
Jack Newton, chief executive and founder of Clio, said: "ShareDo has built a powerhouse, proving that large firms are hungry for smarter, faster, and more flexible technology. With Clio's industry-leading platform and expertise, we're scaling that success even further—delivering the innovation and efficiency these firms demand. We've spent years expanding upmarket, transforming how law firms operate across countries, practice areas, and sizes. But this acquisition is about more than expanding into a new segment; we're driving a fundamental shift in how the entire legal industry operates.”
Share's chief executive and founder, Ben Nicholson, will take the position of general manager at ShareDo. He said: "Clio's acquisition is a powerful validation of our business and the significant opportunities for market and product expansion ahead. With the backing of such a dynamic customer-obsessed global company I believe we can revolutionise the way in which large law firms leverage cloud technology for the good of all."
Last year, Clio raised $900 million, based on a $3 billion valuation, in a Series F investment round led by New Enterprise Associates (NEA).
The round also included new partners such as Goldman Sachs Asset Management.
Find out more about M&A trends in the legal sector
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