A Didsbury-based IT company been bought by a global legal software business Intapp.
Rekoop, a provider of entry software to the professional services sector has has been bought for an undisclosed sum, which is linked to turnover.
And as part of the deal, Rekoop co-founder and CEO Phil Wedgwood will head Intapp’s Time Practice Group.
The Silicon valley company intends to retain the Didsbury office and aims to increase staff numbers.
Intapp said that it would continue to support Rekoop’s cloud-based software and customers alongside its ongoing R&D investment in Intapp Time, a time recording software platform with more than 150,000 users across 325 firms.
Wedgwood said: “I’m proud of the success we’ve achieved over the past six years in building a market-leading, cloud-based timekeeping solution, and our traction, particularly among mid-tier law firms.
“As we looked toward the future, we wanted to find a partner that shared our vision.
“Intapp is committed to driving innovation in time recording and ensuring that our customers continue to receive the support and service they’ve come to expect, and I’m excited to be joining the team.”
Dan Tacone, president of Intapp, added: “The addition of Rekoop technology to the Intapp portfolio will extend our support for firms adopting cloud-based solutions.
“We’re very excited to welcome Phil and the Rekoop team to Intapp, and are confident that our growing customer community will benefit from the time entry, capture and analytics software we offer to the market.”