AbacusNext: AbacusNext Announces Acquisition by Thomas H. Lee Partners

AbacusNext, a leading vertical SaaS provider for legal, accounting and compliance-focused professionals, and Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, today announced that funds affiliated with THL have acquired a majority stake in AbacusNext from PSG, a leading growth equity firm partnering with lower middle-market software and technology-enabled service companies. AbacusNext will continue to be led by its Chief Executive Officer, Scott Johnson, and the other members of the company’s senior management team.