European mid-market tech investor, Tenzing, announced today that its portfolio company CTS, the UK’s cloud and managed IT partner shaped for law, has acquired leading iManage Partner, Tiger Eye.
This exciting development furthers CTS’ vision of becoming the digital transformation partner for law firms, expanding its product portfolio to offer integrated application and platform support within a high-quality service model aimed at delivering a new level of fee-earner productivity. The acquisition strengthens CTS’ knowledge and heritage in the business and practice of law, enabling them to better transform the user experience and operational success of their legal clients.
Tiger Eye is renowned for the team’s iManage knowledge and technical expertise, implementing, managing and optimising the iManage document management system (DMS), a key application used by 78% of UK Top 200 law firms. Delivering a uniquely broad range of iManage solutions and services, Tiger Eye offers technical support, out-of-the-box solutions, training, consultancy, custom development services, and much more to iManage users across the globe.
Over the years, CTS has achieved double-digit growth, and its partnerships with the world’s leading legal software and services vendors have been central to this success. By closer aligning Tiger Eye’s application specialism with CTS’ IT platform management expertise, CTS aims to uniquely add value at the application layer by delivering an integrated platform and application support model, ultimately driving fee earner productivity.
Nigel Wright, Founder and CEO of CTS said: “Our clients have emphasised the disjoint between platform and application services expertise. As a sector specialist, we are uniquely positioned to bridge the gap. This is our first exciting step into the application services space, as we continue to shape our strategy to support clients on their digital transformation journey.
We warmly welcome our new Tiger Eye colleagues and the specialist knowledge they bring. As a leading and well-established iManage Partner, they have built a strong reputation in the legal technology community founded on integrity, technical expertise and quality delivery. Their focus on delivering high rates of client satisfaction perfectly complements our own.”
Dave Wilson, Managing Director of Tiger Eye said: “Since we launched in 2005, collaboration and teamwork have been at the heart of Tiger Eye. We’re confident that, in CTS, we have found a business that values our signature collaborative ethos and one that is passionate about the long-term success of both our business and our clients.”
Geoff Hornsby, General Manager, EMEA for iManage added: “We would like to congratulate CTS and our long-standing partners, Tiger Eye, on this news. This is an exciting development for iManage clients and we’re confident they will greatly value the benefits of this innovative new integrated approach between platform and application specialist.”
Guy Gillon, Co-Founder and Joint Managing Partner of Tenzing said: “Tiger Eye has built a strong brand in the market as a well-respected and trusted partner for law firms. By joining forces with CTS, customers of both businesses can now benefit from a whole range of new solutions and sector expertise. The acquisition takes CTS another step closer to achieving its ambition to become the digital transformation partner for law.”
Moving forward, Tiger Eye will continue to operate independently, keeping in place its experienced senior management team who will remain with the business to support the transition.