NetDocuments, a secure cloud-based content services and productivity platform for law firms, corporate legal teams, and compliance departments, has secured a significant investment from Warburg Pincus, along with existing investor Cove Hill Partners.

Warburg Pincus’ investment alongside Cove Hill will support the Company’s continued rapid growth and innovation. Terms of the transaction were not disclosed.

For more than two decades, NetDocuments has delivered innovation through its world-class content services and productivity platform. NetDocuments is used by over 3,150 professional services firms and corporate legal departments and recently announced unprecedented growth in Q1 2021, continuing its record setting sales momentum. The Company will continue to be led by Chief Executive Officer, Josh Baxter, and the rest of the current management team.

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Source: Private Equity Wire