San Diego-based AbacusNext has acquired U.K.-based HotDocs. Financial terms of the deal were not disclosed.
Based in Edinburgh, Scotland, HotDocs offers document automation to the legal, banking, insurance, government, public and corporate sectors. It counts customers in 60 countries and has a user base of more than 1 million people.
AbacusNext is based in the University Towne Center neighborhood and has been growing by acquisition. In the past year, AbacusNext acquired Results Software, OfficeTools and Cloudnine Realtime. It is backed by Providence Equity Partners LLC of Rhode Island.
Abacus’ core business supports the accounting, business and law professions. It has more than 1.5 million users. Alessandra Lezama is CEO.