Mitratech, a provider of Enterprise Legal Management (ELM) solutions, announced today it has acquired CMO Software. The financial terms of the deal are not being disclosed.
CMO Software is a provider of Environment, Health and Safety (EHS) and Governance, Risk, and Compliance (GRC) solutions for organizations around the globe. With a robust web-based platform, and mobile solutions for both iOS and Android, CMO Software is an industry-leading integrated technology platform with extensive workflow and configuration capabilities.
CMO Software complements Mitratech’s growing global customer base of large multinational and middle-market corporations representing more than 750 companies and 11,000 law firms spanning the Americas, EMEA and APAC. “With Mitratech and CMO together, we can offer a total risk management solution, helping our clients reduce risk and costs—whether legal, regulatory, or operational—with visibility, predictability, and control,” CMO Software CEO Jim Darragh said in a statement.
Within a global environment of increasing regulation and higher stakes for non-compliance, the acquisition of CMO Software allows Mitratech to expand their abilities to enable corporations in their efforts to manage risk.
Mitratech’s acquisition of CMO Software is the company’s fourth in the past year; Mitratech acquired Bridgeway Software in July 2015, CaseTrack in August 2015, and Viewabill in March 2016.