Accelerating Deals Across Borders: How DealCloser is Driving Transactional Efficiency in Europe
Edmonton, AB (September 10, 2024)—DealCloser continues to see significant growth and adoption of its transaction management solution in global legal markets. To accelerate its global expansion, the company brought on Jag Dhariwal, a seasoned legal technology founder, investor, and growth advisor, as CEO, alongside a team of experienced and talented transaction management experts. Over the past year, on the heels of significant expansion of its solutions with North America, DealCloser has gained rapid expansion of its solutions in new markets across Europe—a key focus region for growth in 2024. Driving this new chapter forward is our strategic partnership with Thomson Reuters HighQ, a collaboration that has unlocked remarkable opportunities in new markets including Europe and beyond.
Launched at the end of 2023, the formal partnership between DealCloser and Thomson Reuters HighQ quickly gained traction. With a combined go-to-market strategy that took full effect in 2024, we've already celebrated quick wins, particularly with significant US-based firms. This momentum has propelled us further, and in just the last 60 days, DealCloser and Thomson Reuters have closed an additional three major deals and initiated three trials with European firms, solidifying our rapid expansion in the region.
European Success Stories
These partnerships represent some of the most prestigious law firms in Europe. Among them:
- One firm has been recognized as a "Top-Tier Firm" by Legal 500 in 2024, showcasing their high standing and trust within the legal community.
- Another firm earned accolades as "Law Firm of the Year" and "Most Modern Law Firm" by Regi in 2024. Additionally, this firm holds top-tier rankings in Commercial, Corporate, and M&A practices by Legal500.
- A third firm secured a top-tier ranking by Chambers Europe 2024 and was ranked #1 in its Commercial, Corporate, and M&A practice by Legal500 in the same year.
These landmark deals illustrate DealCloser’s ability to attract and earn the trust of the highest-caliber firms, as they see the value and impact our technology can bring to their transaction management processes.
Driving Innovation and Value Through Partnership
"DealCloser has earned the trust of top firms in the US and Canada, and we're proud to be setting a new benchmark in transaction management technology," said Jag Dhariwal, CEO of DealCloser. "We're excited by the tremendous momentum we're experiencing with our immediate growth into the European market, further amplifying the global impact and efficacy our platform delivers. Our customers across the globe have made it clear that our solutions offer unique value and immediate measurable ROI, unlike any other solution on the market today."
As DealCloser continues to grow, our partnership with Thomson Reuters HighQ remains integral. HighQ, a platform trusted by many global firms, is a critical workflow solution for legal professionals, and DealCloser enhances that value by streamlining deal-closing processes for law firms and their clients.
"The partnership between HighQ and DealCloser significantly enhances value for our HighQ user base," said Ben Firth, Director of Sales and Customer Success at Thomson Reuters. "DealCloser is a crucial component of HighQ’s end-to-end transaction management offering, optimizing workflows for faster, more secure, and efficient closures. Our sales team consistently hears that DealCloser is a natural extension of HighQ, and together, HighQ and DealCloser represent the optimal route to managing and executing complex deals with ease."
Looking Ahead
The last 60 days have been a whirlwind of success, and they mark just the beginning of DealCloser’s journey into Europe. As we continue to expand and build relationships with leading firms across the continent, we are confident that the innovative transaction management technology DealCloser offers will continue to redefine how law firms operate, both in Europe and beyond.
With a powerful partnership and a growing global footprint, DealCloser is on track to become the go-to solution for law firms looking to modernize, streamline, and accelerate their transaction management processes. The future is bright for DealCloser, and our immediate traction in Europe is just one of the many milestones on our path to becoming a global leader in transaction management technology.
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