FOR IMMEDIATE RELEASE
Director of Communications
Wolters Kluwer Corporate Legal Services
VP, Investor Relations
+31 (0) 172 641 407
National Registered Agents, Inc.
+1 609 716 0300
Wolters Kluwer Corporate Legal Services Completes Acquisition of NRAI
NEW YORK – Sep. 1, 2011 – Wolters Kluwer Corporate Legal Services (CLS), the originator of the legal compliance services industry, today announced it has completed the acquisition of the stock of National Registered Agents, Inc. ("NRAI"), which was initially announced on June 14. The terms of the acquisition were not disclosed.
Through this acquisition, Wolters Kluwer CLS strengthens its position as a leading provider of legal compliance and corporate governance solutions. The Princeton, N.J.-based NRAI has a rich, 16-year history of providing registered agent services to small and mid-sized businesses and the legal community that supports them.
The acquisition of NRAI extends CLS's comprehensive portfolio of brands for the legal services market, including CT Corporation, a leading provider of Corporate Business Compliance solutions, and BizFilings, a leading online incorporation service provider for entrepreneurs and small-business owners.
“We are pleased to welcome NRAI's employees and partners to Wolters Kluwer Corporate Legal Services,” said Richard Flynn, president and CEO, Wolters Kluwer Corporate Legal Services. “This acquisition expands the range of CLS's offerings to small and mid-sized businesses, creating the most comprehensive spectrum of products and service to serve our corporate and law firm customers.”
About Wolters Kluwer Corporate Legal Services (CLS)
As the originator of the corporate legal services industry, Wolters Kluwer CLS has been setting the standard for unrivaled service to the legal community for nearly 120 years. Combining unmatched industry expertise, a full spectrum of products and services and a personalized customer experience every time, CLS is the legal professional's clear choice to manage, measure and define the future of legal compliance services and performance management.
Wolters Kluwer Corporate Legal Services is a business of Wolters Kluwer, a market-leading global information services company with annual revenues (2010) of €3.6 billion and approximately 19,000 people across Europe, North America, Asia Pacific and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Visit www.wolterskluwer.com.