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 that the United Kingdom’s Competition and Markets Authority (“CMA”) has taken a decision to refer the acquisition of TM Group (UK) Limited (“TMG”) (the “Transaction”) for an in-depth Phase 2 merger investigation.
Dye & Durham closed the acquisition of TMG on July 8, 2021 for total consideration of approximately £91.5 million.