UPDATED 3:11 P.M. CaseLogistix CEO Roe Frazer told NashvillePost.com this afternoon he believes local staff will double to nearly 40 within the coming year, as a result of the company's sale to Anacomp Inc. He noted that CaseLogistix was represented in the transaction by attorneys Stephen Zralek and Trace Blankenship of Bone McAllester Norton PLLC. Financial details were not disclosed.
As originally posted:
Franklin-based CaseLogistix Inc., which serves lawyers with evidence- and case-management software applications, has been sold to San Diego-based Anacomp Inc., which is expected to leverage its acquisition to enter new markets.
During a hurried exchange between his meetings this morning, former CaseLogistix CEO and General Counsel Roe Frazer told NashvillePost.com he expects the new owner to expand Nashville operations, "considerably."
The sale seems to finesse Frazer's previously stated strategic goal of broadening sales to healthcare and other intensive document-management markets beyond law firms and departments.
That strategy was reported by NashvillePost.com, shortly after CaseLogistix moved to Middle Tennessee from Jackson, Miss., in fall 2006. Following the relocation to Nashville, Frazer said CaseLogistix's 2006 revenue would be about $2 million, adding he expected staffing to grow to 18 or more.
An Anacomp statement this morning explains that Frazer now reports to Anacomp CEO Howard Dratler, and will continue to lead CaseLogistix business as senior executive vice president and general manager, although the product will be integrated into Anacomp's docHarbor product division.
Dratler joined Anacomp earlier this year after service as CEO of EMC/Captiva Software, and his 25-year track record in technology and Anacomp's interest in the healthcare sector would seem to militate toward expansion of CaseLogistix's Nashville presence.
An Anacomp spokesperson this morning deferred to Frazer for further comment. This story will be updated, as warranted.