Wolters Kluwer is moving deeper into legal technology, and the company confirmed this direction with a major step forward. The Wolters Kluwer Libra acquisition highlights a strategic effort to strengthen its presence in the rapidly growing market for AI tools that support legal work. Wolters Kluwer will acquire Libra Technology GmbH, a Berlin‑based startup known for its advanced legal AI assistant.

The company agreed to pay up to €90 million for Libra. It will make an initial payment of €30 million, while the remaining amount will depend on Libra meeting future performance goals. This structure shows confidence in Libra’s growth potential while keeping the deal aligned with results, making the Wolters Kluwer Libra acquisition an important financial and strategic milestone.

Libra has built an AI assistant designed for legal professionals. The tool helps users handle research, draft documents, review contracts, and analyze information more quickly. It also supports secure team collaboration. The platform already serves many law firms and corporate legal departments across Germany and other European regions, and its customer base continues to grow.

Wolters Kluwer plans to combine Libra’s AI technology with its own legal content, which is widely trusted by professionals. With this move, the company aims to offer a complete solution for legal research, drafting, review, and document analysis. The joint offering will use advanced AI to support accurate and efficient work while keeping sensitive information secure. Leaders at Wolters Kluwer believe this combination will raise the standard for AI use in legal practice, further showing the importance of the Wolters Kluwer Libra acquisition.

Martin O’Malley, CEO of Wolters Kluwer’s Legal & Regulatory division, praised the acquisition. He said the deal strengthens the company’s existing AI capabilities in both Europe and the United States. According to him, Libra’s technology fits perfectly with the company’s AI roadmap and will speed up future developments. He also welcomed Libra’s team, expressing enthusiasm for the impact they can create together.

Viktor von Essen, Co‑Founder and CEO of Libra, shared similar optimism. He said joining Wolters Kluwer will help Libra reach more markets. He also highlighted how Libra will benefit from Wolters Kluwer’s legal content and expertise. His team looks forward to expanding the company’s reach and improving its product with new resources. This optimism underscores why the Wolters Kluwer Libra acquisition matters to both companies.

Libra Technology GmbH is a young company, founded in 2023 by von Essen and Dr. Bo Tranberg. It employs about 15 people, and all of them will join Wolters Kluwer once the deal closes. Libra launched its AI assistant in late 2024, and the product is already on track to generate about €5 million in annual recurring revenue by the end of this year. The product uses a subscription model, which supports stable and predictable growth.

Wolters Kluwer expects the acquisition to generate strong returns within three to five years. The company aims for a return on invested capital of at least 8%, which matches its long‑term cost of capital. In the short term, the financial effect on earnings will be minimal. The deal is still subject to standard closing conditions, but the companies expect everything to finalize by November 2025, marking another step forward for the Wolters Kluwer Libra acquisition.

This acquisition reflects a broader trend across the legal industry within the rapidly expanding AI Assistant Software Market. Law firms and corporate legal departments are adopting new AI tools at a faster pace to manage larger workloads.

As pressure on legal teams continues to grow and the need for faster results intensifies, demand for reliable AI tools is rising accordingly. In this context, Wolters Kluwer’s move signals clear confidence in the future of AI-supported legal work. Moreover, as the company integrates Libra’s technology, customers can expect more powerful tools built on trusted legal content, thereby reinforcing the long-term value of the Wolters Kluwer–Libra acquisition.