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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.

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