CorporateInvestorsSeptember 01, 2011|UpdatedApril 30, 2020

Wolters Kluwer Corporate Legal Services completes acquisition of NRAI

Wolters Kluwer CLS strengthens its position as a leading provider of legal compliance and corporate governance solutions.

Wolters Kluwer Corporate Legal Services (CLS), the originator of the legal compliance services industry, today announced it has completed the acquisition of the stock of National Registered Agents, Inc. (“NRAI”), which was initially announced on June 14. The terms of the acquisition were not disclosed.

Through this acquisition, Wolters Kluwer CLS strengthens its position as a leading provider of legal compliance and corporate governance solutions. The Princeton, N.J.-based NRAI has a rich, 16-year history of providing registered agent services to small and mid-sized businesses and the legal community that supports them.
The acquisition of NRAI extends CLS's comprehensive portfolio of brands for the legal services market, including CT Corporation, a leading provider of Corporate Business Compliance solutions, and BizFilings, a leading online incorporation service provider for entrepreneurs and small-business owners.

“We are pleased to welcome NRAI's employees and partners to Wolters Kluwer Corporate Legal Services,” said Richard Flynn, president and CEO, Wolters Kluwer Corporate Legal Services. “This acquisition expands the range of CLS's offerings to small and mid-sized businesses, creating the most comprehensive spectrum of products and service to serve our corporate and law firm customers.”

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.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide.

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