Wolters Kluwer Legal & Regulatory has signed an agreement to acquire Libra Technology GmbH, a Berlin-based developer of AI software for legal professionals.
The purchase price totals up to €90 million, including an upfront payment of €30 million and an additional performance-based earn-out tied to defined operational milestones.
Libra’s AI Assistant Enhances Research, Drafting, and Document Review
Founded in 2023, Libra Technology has created the Libra AI Assistant, a fast-growing legal platform that helps law firms and in-house legal teams manage research, drafting, review, and analytical workflows with speed and precision. The system combines advanced AI with secure collaboration tools and is already used by a rapidly expanding customer base across Germany and other European markets.
By integrating Libra’s technology with Wolters Kluwer’s curated, expert-led legal content, the combined platform will offer an all-in-one solution for research, drafting, compliance checks, and document analysis. The solution introduces new standards for accuracy, regulatory alignment, and legal expertise — aiming to redefine how legal professionals work with AI.
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Leadership Commentary
Martin O’Malley, CEO of Wolters Kluwer Legal & Regulatory, said:
“This acquisition complements our existing Expert AI solutions available in Europe and the U.S., which already deliver significant value to our customers. Libra’s proven, cutting-edge platform accelerates our own AI roadmap. We look forward to welcoming the Libra Technology team and advancing the efficiency and success of our clients worldwide.”
Viktor von Essen, co-founder and CEO of Libra Technology, added:
“Joining Wolters Kluwer gives us access to world-class legal content and deep domain expertise, enabling us to unlock the full potential of our AI assistant across multiple countries. Our team is excited to expand geographically and push innovation forward together.”
Strong Growth Trajectory and Financial Impact
Libra Technology, staffed by a team of around 15 employees, launched its subscription-based AI assistant in late 2024 and is expected to reach ~€5 million ARR by the end of 2025.
Wolters Kluwer expects the acquisition to achieve a return on invested capital (ROIC) at or above its post-tax weighted average cost of capital (8%) within 3–5 years. The transaction is not expected to materially impact Wolters Kluwer’s adjusted earnings in the near term. Closing is anticipated in November 2025, subject to customary conditions.
About Wolters Kluwer
Wolters Kluwer (Euronext: WKL) is a global leader in professional information, software, and services across healthcare, tax and accounting, corporate compliance, legal and regulatory sectors, and ESG. The company supports customers worldwide with expert solutions that combine deep domain knowledge with technology and services.
Wolters Kluwer reported €5.9 billion in annual revenue for 2024, serves clients in over 180 countries, operates in more than 40, and employs around 21,600 people. The company is headquartered in Alphen aan den Rijn, Netherlands.
