In this exclusive LawNext interview recorded in advance of the announcement of ASG LegalTech’s acquisition of electronic payments company Headnote, I speak with the two companies’ CEOs: Soumya Nettimi of ASG LegalTech and Sarah Schaaf of Headnote, on the reasons for the deal and the significance for customers.
(I also posted this earlier this week as part of my story on the acquisition. See: Exclusive: ASG LegalTech Acquires Payments Platform Headnote; We Interview the Two Companies’ CEOs.)
On Sept. 22, 2020, ASG LegalTech, the company that owns cloud practice management platforms PracticePanther, Bill4Time and MerusCase, announced that it had acquired Headnote, the online payments platform that provides e-payments and accounts-receivable management for law firms.
The acquisition is the fourth in three years for ASG LegalTech and the 27th for its parent company Alpine SG (ASG), a portfolio company of the San Francisco private equity firm Alpine Investors.
No sooner did ASG announce the acquisition than it revealed the first product to result from it — PantherPayments, an all-in-one payment system that is fully integrated within the PracticePanther platform.
In this interview, Nettimi and Schaaf go into depth on the reasons for the acquisition, their plans for future development, and what this means for both companies’ customers.
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