Philadelphia, PA – July 08, 2024 – Corporate Advisory Solutions (“CAS”) is pleased to announce the successful transaction of KnovaOne, a legal focused business process outsource company, by TRAKAmerica (“Data Search NY Inc.” or “Trak”), a leading provider of legal recovery process optimization. CAS acted as the exclusive sell-side M&A advisor to KnovaOne in this transaction. 
Mickey Kaiser, Vice President at Corporate Advisory Solutions, provided details on CAS’s involvement in the process, stating, “It was great working with Neeraj and we are looking forward to seeing what the future holds for both KnovaOne and Trak”.
KnovaOne will continue serving its client base under the same brand without disruption. The acquisition of KnovaOne underscores the ongoing trend of robust activity in the legal technology market, as firms continue to invest in innovative solutions to streamline operations and enhance client services. This is being driven by digital transformation, client demands, emergence of artificial intelligence and machine learning as well as the drive for more comprehensive and integrated solutions.
If you would like to confidentially discuss strategic plans for your business or market trends impacting the tech-enabled outsourced business services sector, please reach out to Michael Lamm ([email protected]) or Mickey Kaiser ([email protected]) to discuss.
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About Corporate Advisory Solutions
Corporate Advisory Solutions (CAS) is an independent investment and merchant banking firm based in Philadelphia and Washington, D.C., specializing in M&A, valuation, and strategic advisory services for the Global Outsourced (tech-enabled) Business Services (OBS) sector. The CAS team brings over 40 years of combined M&A, valuation, exit prep, and strategic advisory experience to every engagement, and its members have successfully completed over 140 transactions representing more than $2.5 billion in deal value within these core markets. Visit our website: Corporate Advisory Solutions
CAS publishes a quarterly newsletter highlighting deal activity and macroeconomic trends within the OBS sector.
Securities conducted through Finalis Securities LLC Member FINRA/SIPC.
About KnovaOne
KnovaOne provides outsourced operational support for clients in the accounts receivable management market and other industries. KnovaOne was founded in 2012 and operates with a team of over 350 employees in Pune, India. For more information, visit https://www.knovaone.com/
About TrakAmerica
TRAKAmerica was founded in 2000 and is a leading legal network management firm servicing the accounts receivable management industry. For more information, please visit https://trakamerica.com/
For acquisition inquiries, please contact:
Mickey Kaiser, Vice President, Corporate Advisory Solutions
Email: [email protected]