ProfitSolv

Update: Tabs3 CEO Dan Berlin Will Remain With Company After Acquisition, He Says. 

Earlier this week, I reported on the unannounced acquisitions by MyCase of two legal technology companies, CASEpeer and Woodpecker. Now there is another stealth deal to report, this time involving the acquisition of Tabs3 Software, which is one…

For many law practices, getting paid is the bane of their existence. TimeSolv, a provider of cloud-based billing and timekeeping software for law firms, aims to fix that with the release today of Zero AR, a patent-pending feature that automates batch invoicing and electronic payments.

The feature enables firms to instantly process electronic payments…

In September, the private equity firm Lightyear Capital LLC, through a newly formed company called ProfitSolv, made two notable acquisitions of legal technology companies: Rocket Matter, the cloud-based practice management company, and TimeSolv, a provider of cloud-based legal billing and timekeeping software.

In acquiring Rocket Matter, ProfitSolv also got the payment…

The practice management platform Rocket Matter, whose launch in 2009 alongside Clio helped usher in a new generation of cloud practice management platforms, has been acquired by a private equity firm.

It will become part of a new company, ProfitSolv, that will focus on billing, payments and software for professional services firms.

The…