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AbacusNext Acquired

AbacusNext, which markets practice management software, has been acquired by Thomas Lee Partners. Terms of the deal, in which the private equity firm purchased a majority stake from PSG, another private equity firm, were not announced.

AbacusNext markets the OfficeTools suite for accounting firms, the Amicus Cloud, Amicus Attorney and AbacusLaw for law firms, along with the HotDocs, document management system.

The company will continue to be led by its current management, including CEO Scott Johnson.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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