Frontier Capital is pleased to announce that NetDocuments, the leading provider of cloud-based software-as-a-service (SaaS) document and email management solutions to the legal vertical, has been acquired by Clearlake Capital.

Since Frontier’s 2014 investment, CEO Matt Duncan and his team rapidly transformed NetDocuments from a niche provider into the recognized market leading legal SaaS platform.  

“We are extremely proud of the tremendous progress and growth CEO Matt Duncan and his team have achieved over the period of Frontier’s involvement,” said Michael Ramich, partner at Frontier. “NetDocuments is a case study in how the right partner can help a company build on its success by refining its go-to-market strategy, aligning talent with the mission, and establishing the right performance metrics to accelerate profitable growth.”

To learn more about the transaction, click here to read the full press release.