InvestorsCorporateComplianceFebruary 02, 2016

Wolters Kluwer to acquire Triad Professional Services

Acquisition extends position in key legal and compliance markets.

Wolters Kluwer Governance, Risk & Compliance has today signed an agreement to acquire substantially all of the assets of Triad Professional Services, LLC, a provider of U.S. legal and compliance products and services.

The acquisition furthers Wolters Kluwer’s leadership position in U.S. legal and compliance products and services, broadening capabilities in key industry verticals. Triad, which will become part of the CT Corporation suite of products and services, is based in Alpharetta, Georgia and has less than 15 employees. The acquisition is expected to deliver a return above Wolters Kluwer’s after tax cost of capital (8%) in 3 to 5 years or sooner and is expected to be earnings enhancing in its first full year.

“Triad’s focus on specific markets and customer segments complements our market-leading position”, said Raja Sengupta, executive vice president and general manager of the Small Business Unit of the CT Corporation suite of products and services. “We will integrate Triad with our world-class capabilities and brand, and ensure that employees and customers experience even greater value from the combined organization.”

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