Baird's Investment Banking Group is pleased to announce the following transaction:

Date:
March 2021
Company:
Tabs3 Software
Description:
Sale to a New Capital Partner
Sector(s):
Technology & Services
Baird served as exclusive financial advisor to Tabs3 Software on this transaction

Tabs3 Software (“Tabs3” or “The Company”), a portfolio company of Thompson Street Capital Partners (“TSCP”), was recently acquired by a new capital partner. Terms of the transaction have not been disclosed.

Tabs3 is the leading provider of billing, practice management, and financial software to small and medium sized law firms throughout North America. Clients have relied on Tabs3 for legal productivity software since 1979. Today, the Company has desktop products, cloud-based products, and advanced SQL client server products for larger firms. Tabs3 is headquartered in Lincoln, Nebraska.

Thompson Street Capital Partners is a private equity firm focused on investing in founder-led middle market businesses. TSCP has acquired more than 150 companies in the Healthcare & Life Science Services, Software & Technology Services and Business Services & Engineered Products sectors and has managed more than $2.6 billion since being founded in 2000. TSCP is headquartered in St. Louis, Missouri.

During its ownership of Tabs3, TSCP supported the Company’s growth by expanding direct and indirect sales channels, improving customer retention, optimizing pricing and executing the transformative add-on acquisition of CosmoLex, a leading cloud-based provider of legal practice management software with fully integrated accounting.

For additional information about this transaction, please contact:

Chase Sanders +1-703-394-1807
Kristy Obuchowski +1-312-609-7023
Tom Lacy +1-414-298-7648
Martin Luen +44-20-7667-8381