Back
GLS News - GLS successfully exits LegalSifter
1 Min • 09 May 23
GLS Investments, a GLS Group Company, has successfully sold its stake in LegalSifter, the world’s leading A.I. contract review tool. GLS will continue a working relationship with LegalSifter – acting as a distributor of its commercial offerings in Southeast Asia.
Carrick Capital Partners, a U.S. private equity fund, has acquired a controlling stake in LegalSifter, underscoring its confidence in the software's ability to address common contract-related challenges faced by businesses. The partnership between A.I. and human expertise provided by LegalSifter's software and services model has garnered substantial trust and investment.
With the infusion of new funds, LegalSifter plans to expand its innovative offerings and extend its services to a broader client base globally.
Click here if you would like to experience A.I. powered contract review efficiency for your own in-house legal team: EXPERIENCE LEGALSIFTER
GLS Investments actively pursues opportunities to invest in promising legal tech solutions – via both cash and sweat for equity. GLS Investments is an expert in identifying and helping to commercialize promising legal tech solutions. If you have a promising legal tech solution that you want to bring to life or scale up – do consider reaching out to the GLS Group for a discussion. You can learn more about GLS Investments right here.
About GLS Group
GLS Group is a leading global provider of in-house legal team resources and performance solutions. We make it safe, easy and affordable for in-house legal teams to demonstrably improve their performance – wherever in the world they are located.
Across 7 distinct business divisions, we provide the resources, strategy and personnel in-house and legal operations teams need to assist in-house legal teams to increase performance levels and value recognition in the typically constrained resource environments in which they operate.
Our flagship offering, the GLS Legal Operations Centre, is the world’s largest online platform of in-house tools and resources needed to optimise legal team performance.
Our transformation consultancy support solutions cover the audit, solution design, implementation and optimisation phases of a legal team’s transformation journey.
Our integrated solutions act as both “change agents” and “force multipliers” to drive in-house legal team performance whilst also enhancing the career trajectories of in-house lawyers.
We operate the largest legal operations community outside of North America – our “practical” knowledge share (including white papers, master classes and community events) surpasses all legal operations organisations globally.
With more than 800+ in-house resources and hundreds of successful transformation projects completed – GLS Group is ready to support the transformation of your legal team.