Vela Software closes acquisition of Kurier
Kurier, a pioneer in technology and legal intelligence, has just been acquired by the gigantic Vela Software, a company of the Canadian group, Constellation Software, which operates in the acquisition, management, and development of software companies in various parts of the world. The transaction is part of Vela Software’s strategy to consolidate the lawtech market in Brazil, which started in 2019 with the acquisition of Aurum, responsible for developing the Themis and Astrea legal software. Themis and Astrea are leaders in their segments.
Salvatore Bruno, Kurier CEO, believes that the acquisition by the Canadian company will further strengthen Kurier’s operations in the Country, allowing for a major expansion in the market, as well as greater investment in innovative technologies. “This achievement has only been possible thanks to serious and pioneering work that enabled an annual average growth of 20% per year in the last 5 years. During all this time, we have been innovative and have launched several solutions that have changed, for the better, the lives of legal operators and people interested in information about the behavior of the Brazilian Justice system”, he says.
Kurier is already recognized for its innovative products and for its ability to add value to clients’ businesses by offering solutions that provide operational efficiency and data-driven decision making. “This move only reinforces our commitment to continue contributing to the evolution of the legal technology market in Brazil”.
With this second acquisition, Vela confirms its objective of consolidating the lawtechs vertical in the Country. “We understand that the legal technology market in Brazil is in full growth and that this movement, which started in 2019 with the acquisition of Aurum, should continue. Kurier was the second step, we still have many good opportunities in this segment in Brazil”, informs Paulo Felipe Martins, VP of M&A at Vela Software Latin America.
It’s part of Vela’s strategy to maintain the company’s entire staff, including executives, who will continue to lead the business, along with all other Kurier staff. Like Aurum, Kurier will also operate independently, and with new partnerships to come. “We have complementary products, there is a lot we can do together in order to improve our solutions for the market”, comments Antônio Gerassi Neto, Aurum CEO.
“We will work in a complementary way with Aurum, maintaining our mission to meet our clients’ needs, to improve the lives of the people who interact with us, and to contribute to developing our society”, concludes Salvatore.