InvestorsCorporateJuly 10, 2015

Wolters Kluwer acquires Effacts legal management software

Wolters Kluwer Legal & Regulatory Solutions today announced the acquisition of Effacts, a Netherlands-based provider of legal management software to corporate legal departments in Europe and the U.S.

“Across the globe, corporate legal professionals are increasingly focused on information and software solutions that address their needs in legal risk management and compliance, and support increased productivity and efficiency. The acquisition of Effacts further advances Wolters Kluwer's offerings to the corporate segment in meeting these needs,” said Frans Klaassen, Managing Director of Legal & Regulatory Solutions for Wolters Kluwer in the Netherlands.

“We are very pleased to become part of Wolters Kluwer,” said Harm Bavinck, founder and CEO of Effacts. “Wolters Kluwer's global footprint and commitment to product development and innovation will enable us to further enhance and extend our product offerings, benefitting professionals around the world.”

Effacts, founded in 2002, is headquartered in Amsterdam and has 25 employees. Wolters Kluwer expects the transaction to cover its cost of capital within 3 to 5 years.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Forward-looking statements and other important legal information

This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.  

Certain trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries.

This press release contains information which is to be made publicly available under Regulation (EU) 596/2014. 
Gerbert van Genderen Stort
Gerbert van Genderen Stort, Media Relations
Media Relations
Global Branding & Communications
Meg Geldens
Meg Geldens
Vice President, Investor Relations
Investor Relations
Leslie Bonacum
Leslie Bonacum
VP, Communications
Legal & Regulatory