CorporateInvestorsLegalMarch 29, 2013

Wolters Kluwer divests Best Case Solutions Inc.

Proceeds will be used for general corporate purposes. Terms of the deal were not disclosed.

Wolters Kluwer Legal & Regulatory today announced the sale of Best Case Solutions Inc., a producer of bankruptcy preparation and filing software for law firms representing personal and corporate debtors. Wolters Kluwer Legal & Regulatory is a division of Wolters Kluwer.

"For Wolters Kluwer Legal & Regulatory, this divestiture supports the strategy of our U.S.-based Law & Business unit to focus more sharply on its most scalable businesses, concentrating investment on core markets where competitiveness and opportunities for long-term growth are the greatest. This includes securities law, mergers and acquisitions law, anti-trust law, intellectual property, and other areas of the legal and regulatory compliance market" said Stacey Caywood, CEO of Wolters Kluwer Legal & Regulatory.

Proceeds will be used for general corporate purposes. Terms of the deal were not disclosed.

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.