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Abacus Data Systems

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AbacusNext
Company typePrivate
IndustrySoftware
Founded1983; 41 years ago (1983)
FounderJudd Kessler
Headquarters,
Key people
Scott Johnson, CEO
Mike Skelly, CFO
ProductsPrivate cloud, practice management software, and CRM technology
ServicesAdoption, implementation, and management of technology solutions
RevenueUS$77.5 million (2017)[1]
Number of employees
500 (2018)[2]
Websiteabacusnext.com

Abacus Data Systems DBA AbacusNext is an American software and private cloud services provider headquartered in San Diego, California.

Services and Software

AbacusNext offers the following:

Cloud

Abacus Private Cloud is a private cloud sold as Desktop-as-a-Service within a Windows Server 2012 R2 environment. This service relies on Veeam Software for backup support, and is built on Intel-based architecture.[3]

This private cloud service is colocated across three carrier-neutral data centers that are interconnected via a self-run optical network. These data centers are Scalematrix in San Diego, California, Skybox Houston One in Houston, Texas, and SUPERNAP by Switch in Las Vegas, Nevada[4]

Software

AbacusNext offers four Windows-based platforms, all of which rely on relational database management system's. Two are law practice management software for lawyers; AbacusLaw uses Advantage Database, while Amicus Attorney uses Microsoft SQL Server.[5] AbacusNext has two platforms for accounting firms that rely on Microsoft SQL Server: ResultsCRM, a customer relationship management for QuickBooks, and OfficeTools practice management software.[citation needed]

Management

In December 2015, American private equity investment firm Providence Equity Partners took a strategic majority investment in AbacusNext (Abacus Data Systems at that time).[9]

Acquisitions

  • May 2016: acquired Toronto-based software company Gavel & Gown, makers of Amicus Attorney.[10]
  • February 2017: acquired Virginia-based software company Results Software, makers of ResultsCRM[11]
  • February 2017: acquired San Diego-based cloud hosting provider Cloudnine Realtime.[12]
  • May 2017: acquired Palmdale-based software company OfficeTools.[13]
  • November 2017: acquired Scotland-based software company HotDocs.[14] HotDocs was previously owned by LexisNexis before being sold in 2009. [15]
  • December 2017: acquired New Hampshire-based software company Commercial Logic.[16]

References

  1. ^ "AbacusNext San Diego CA". Inc. Retrieved August 25, 2017.
  2. ^ "AbacusNext". Crunchbase. Retrieved March 4, 2018.
  3. ^ "Intel Cloud Service Provider Network". Intel Cloud Finder. 8 December 2015. Archived from the original on 23 September 2016. Retrieved 23 September 2016.
  4. ^ "Abacus Data Systems Chooses Switch SUPERNAP To Host Cloud Customers". Abacus Law. 7 July 2016.
  5. ^ "Case Management Software Comparison Chart" (PDF). American Bar Association. 8 December 2015.
  6. ^ Scott, Bob. "AbacusNext Hires New CEO - The Progressive Accountant". www.theprogressiveaccountant.com. Retrieved 2019-06-07.
  7. ^ Zephyr. "Zephyr Names Scott Johnson Chief Executive Officer". www.prnewswire.com. Retrieved 2019-06-07.
  8. ^ AbacusNext (2017-12-05). "Skelly Named Chief Financial Officer of AbacusNext". GlobeNewswire News Room. Retrieved 2019-06-07.
  9. ^ "Abacus Data Systems Announces Strategic Investment by Providence Equity to Fuel Growth and Innovation" (PDF). Providence Equity Partners. December 15, 2015.
  10. ^ "Gavel & Gown sells Amicus Attorney to Subsidiary of Abacus Data Systems Deals & Cases Fasken Martinea". Fasken Martineau. 25 May 2016. Archived from the original on 18 September 2017. Retrieved 17 September 2017.
  11. ^ "Abacus Next acquires Cloudnine Realtime, Results Software". Accounting Today. 22 February 2017.
  12. ^ "Term Sheet Wednesday February 22 Fortune". Fortune. 22 February 2017.
  13. ^ "AbacusNext Acquires OfficeTools, Eyeing Expansion Into Spend Management". Inside Counsel. 1 June 2017. Archived from the original on 18 September 2017. Retrieved 17 September 2017.
  14. ^ "Forbes Term Sheet". Forbes. 13 November 2017.
  15. ^ "LexisNexis Sells HotDocs Software Business to UK Company". Compujurist. 9 November 2009.
  16. ^ "California tech firm acquires NH's Commercial Logic". Union Leader. 1 January 2018.