Wolters Kluwer NV
amsterdam : WLSN

June 05, 2013 09:43 ET

Wolters Kluwer Corporate Legal Services Expands Global Presence with Acquisition of Avantiq

NEW YORK, NY--(Marketwired - Jun 5, 2013) - Acquisition Combines Top-Ranked Companies to Create Premier, Global Trademark Partner for Legal Professionals

Wolters Kluwer Corporate Legal Services (CLS), the leading provider of legal information services and solutions, today announced it has acquired Avantiq, a provider of multi-national trademark research services. This acquisition bolsters CLS's global portfolio of trademark and brand clearance and protection solutions under the Corsearch brand. Avantiq, founded in 1986, has 28 employees and has operations in Luxembourg and Australia.

The acquisition expands Corsearch's products and services for trademark and brand professionals -- and also extends its European expertise and presence. It combines two top-ranked trademark and brand management companies to offer legal professionals the premier partner for global services. In the 2011 World Trademark Review's annual Global Trademark Survey, trademark professionals worldwide ranked Avantiq #1 in searching while ranking Corsearch #1 in watching and #2 in searching.

"We are excited to welcome Avantiq to Wolters Kluwer CLS. Together, we will provide broader solutions to our global client base, offering another layer of capabilities to help organizations protect their brands," said Josh Braunstein, General Manager, Corsearch. "We can now offer our customers improved service, combined and expanded global databases, and a broader suite of solutions to meet local, regional and worldwide branding needs."

Avantiq is widely recognized for offering high-touch, premium service and seamless global clearance capabilities. It is a trusted partner to many of the world's top brands, leveraging in-house expertise and its global network of trademark professionals to offer insights and solutions wherever a brand may be used.

"We have a long-standing relationship with Corsearch. As our partnership developed, it became clear that we could better serve our customer base together," said Larissa Best, Managing Director, Avantiq. "As part of Wolters Kluwer CLS, we will increase our global scale and be able to leverage broader resources and expertise -- while also enabling our customers to benefit from industry-leading global watch and screening services."

Avantiq complements the trademark and brand attorneys' work by offering the ability to not only perform searches, but to also provide insights in regions around the world where the firms may not have a local presence or intricate knowledge of the local issues, language or culture.

About Wolters Kluwer Corporate Legal Services

Wolters Kluwer Corporate Legal Services (CLS) operates a distinctive, global portfolio of market-leading legal and compliance services companies, including CT Corporation, NRAI, BizFilings, Corsearch, and TyMetrix. It serves 70% of the Fortune 500, 90% of the AmLaw 100, 80% of the 100 largest U.S. banks and hundreds of thousands of small business owners. As pioneers of the legal compliance services space, CLS is the partner of choice for legal compliance, due diligence, brand and performance management solutions. A business of Wolters Kluwer, a market-leading global information services company, CLS operates a network of over 1,500 professionals in 54 offices around the world.

PDF version of Press Release: http://hugin.info/130682/R/1707381/565383.pdf

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Source: Wolters Kluwer NV via Thomson Reuters ONE

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Contact Information

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    Stacy Nobles
    Director of Communications
    Wolters Kluwer Corporate Legal Services
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    Meg Geldens
    Vice President, Investor Relations
    Wolters Kluwer
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