The team was able to successfully position and effectively communicate the growth opportunities to a global universe of strategic and financial buyers, delivering a value-maximizing outcome.
Trusted guidance: The transaction team was integrally involved throughout each step of the process and closely collaborated with the management team to create highly compelling marketing materials and supporting financial analyses. The team worked closely with Paradigm and Alpine to navigate rapidly evolving process dynamics, culminating in an exceptional outcome for shareholders. M&A process and execution excellence: William Blair’s transaction team designed and structured a high-touch, highly competitive process, leveraging its robust M&A experience to inform process and execution tactics. This transaction marks William Blair’s 4th legal software and 11th integrated payments deal in 2021. 
Deep relationships and industry expertise: Paradigm recognized William Blair’s unparalleled knowledge and experience advising leading legal software and integrated payments companies, as well as strong relationships with and unique insights into the most aggressive and likely strategic and financial acquirers. The transaction signed on September 24 and is expected to close in the fourth quarter of 2021. Paradigm recently announced the expansion of its leadership team as well as a strategic growth investment from global investment firm, Francisco Partners.William Blair acted as the exclusive financial advisor to Paradigm, a portfolio company of Alpine Investors, in connection with its pending strategic growth investment by Francisco Partners. “This is what sets TrustBooks apart, and we could not be more excited about the opportunity to scale our accounting solution to the legal community through our partnership with Paradigm.” “When you take away the fear and time commitment out of trust accounting, attorneys build confidence that lets them feel like they can worry less, and spend more time being billable,” said Boyle. Launched in 2015, TrustBooks was created to simplify the legal trust accounting process for non-accountants and empower attorneys to handle their books while staying compliant with their State Bar through three-way reconciliation. “As more law firms turn towards technology to power their practices, the ability to take control of billing, and now accounting, in-house with simple and intuitive software is a massive time and money-saver for our customers.” “We are overjoyed to be adding a full accounting solution to our suite of products with the acquisition of TrustBooks,” said Soumya Nettimi, CEO of Paradigm. TrustBooks co-founders, Tom Boyle and Chad Todd join Paradigm as the co-general managers of TrustBooks. TrustBooks is the latest addition to Paradigm’s suite of software solutions which include the legal practice management platforms PracticePanther, Bill4Time, and MerusCase as well as Paradigm’s native payment solution, powered by Headnote. Meanwhile Paradigm on 17 February announced its acquisition of TrustBooks, a cloud-based accounting software built specifically for law firms. The combined customer base will expand to 600 mid-sized law firms. 
We anticipate law firms will enthusiastically embrace the opportunity to easily access a single source of information.”Īs part of the transaction, all of ContactEase’s workforce will become part of the SurePoint team. “Our approach to bringing visibility to every facet of contact connection will now include essential financial data, generating new avenues for lawyers intent on developing a thriving book of business.
“Incorporating ContactEase into SurePoint ’s easy-to-use platform made sense for the next phase of our technology’s growth onto the cloud,” said Cole Valley’s president Jennifer Whittier. It operates within Outlook and includes integration with Hubspot. ContactEase captures competitive intelligence on clients, prospects and other contacts while tracking and reporting business development activity.
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