Dye & Durham a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, today announced it has entered into a definitive agreement to acquire GlobalX Information Pty Ltd (“GlobalX“) for approximately $166 million. The transaction is expected to close in the fourth quarter of the Company’s current fiscal year, subject to required regulatory approvals.
Similar to Dye & Durham’s existing Australian business, GlobalX has a large B2B customer base, which includes conveyancers, solicitors and the financial services sector professionals, for which it provides necessary workflow software, systems and information products to facilitate and complete the transfer of property, and other commercial transactions.
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