While U.S.-based technology companies at large continue to consider what the U.K. Brexit could mean for future expansions into Europe, Mitratech Holdings Inc. recently stepped into the confusion with two U.K.-based technology acquisitions, Hitec Laboratories and CMO Software. Matt Stamp, a partner at Acuity Advisors Ltd. and advisor to Hitec during the acquisition, says that the recent acquisition is part of a trend that hasn’t suffered as greatly as many predicted in the wake of the stunning Brexit vote.
Stamp says that to his knowledge, the trend of U.S. legal technologies expanding their businesses into Europe through acquiring U.K.-based tech companies has not slowed in recent months.
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