SurePoint Technologies Announces Expense from Aquiline Money Companions
3 min readCINCINNATI, Ohio, June 2, 2021 /PRNewswire/ — SurePoint Technologies, a main cloud supplier of observe administration alternatives to law companies, currently declared a strategic financial investment from Aquiline Funds Associates, a private investment decision agency centered in New York and London with $6.4 billion in belongings under administration. As component of the transaction, Aquiline will receive a greater part possession stake in SurePoint and will do the job carefully with the firm’s management group to go on building very best-in-class customer answers. Current SurePoint trader ParkerGale will roll a part of its equity stake and retain minority ownership in the firm.
Started additional than 40 many years back, SurePoint delivers law firms with a singular, Cloud-based mostly system, empowering clients with enhanced workflows, details-driven insights and the skill to optimize profitability. SurePoint’s extensive, finish-to-conclude platform enables legislation firms to run efficiently and includes monetary administration, payment processing, mobile timekeeping, business intelligence and serious time reporting.
“Aquiline’s investment decision, merged with the strength of SurePoint’s existing management crew, locations SurePoint on a strong aggressive footing as we can now speed up the enhancement of our award-profitable system,” mentioned Tom Obermaier, Main Govt Officer of SurePoint. “The new partnership will additional enhance our capability to innovate and give our buyers with an exceptional experience. We are eternally thankful for the believe in our customers and the marketplace spot in us. Aquiline’s skills in legal engineering, payments and vertical program will additional cement that have confidence in as we proceed to make regulation firms improved by alleviating administrative burdens.”
“Partnering with the crew at SurePoint has been just one of the joys of my vocation. We crafted a excellent enterprise with an incredible culture, and we are thrilled to perform along with Aquiline, Tom and the group to continue the journey,” Kristina Heinze, Co-Founder and Associate of ParkerGale mentioned.
“Tom and the SurePoint staff have built a solid organization that is very well-outfitted to assist deal with far more seamless administrative procedures, enabling regulation companies to make improvements to performance and run extra efficiently,” Jeff Greenberg, Chairman and Chief Government Officer of Aquiline reported. “We are thrilled to companion with SurePoint, exactly where our experience with investing in vertical application, authorized solutions and payment processing will help the firm as it proceeds to deliver chopping-edge remedies to its customers.”
Raymond James served as economical advisor to ParkerGale, and Kirkland & Ellis LLP served as legal advisor. Willkie Farr & Gallagher LLP served as legal advisor for Aquiline.
About SurePoint Technologies
SurePoint Systems is a leading supplier of financial and exercise management application to legislation companies nationwide. For far more than 40 yrs, regulation companies have relied on SurePoint’s award-profitable company software program to dramatically make improvements to workflow and optimize financial efficiency. With a community of extra than 50,000 customers, SurePoint proceeds to rework the legal field by enabling regulation companies to unlock greater functionality by releasing attorneys of administrative burdens so they can invest much far more time concentrating on their shoppers and their apply. Master additional at https://surepoint.com.
About ParkerGale
ParkerGale Cash is a private equity business dependent in Chicago that invests in founder-owned technologies providers and company carve-outs where by the firm’s functioning methods can have a meaningful affect on the consequence. ParkerGale also hosts the Non-public Fairness FunCast offered on iTunes, Google Perform and anywhere you get your podcasts. You should stop by www.parkergale.com to discover extra.
About Aquiline
Aquiline Capital Associates, launched in 2005, is a non-public investment agency primarily based in New York and London investing in organizations throughout economic services and technology, company providers, and health care. The business had $6.4 billion in assets less than management as of March 31, 2021. For far more details about Aquiline, its investment decision experts, and its portfolio companies, you should check out https://www.aquiline.com/.
Media Inquiries:
Lydia Flocchini
Main Internet marketing Officer
SurePoint Systems
[email protected]
513.977.4864
Prosek Partners for Aquiline Funds Partners
Josh Clarkson
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+1.646.818.9259
Nick Theccanat
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281.546.0526
Source SurePoint Systems
