Acquisition of STL Group plc by InfoTrack Ltd
STL Group plc was acquired by InfoTrack Ltd on 28th November 2014.
Established for over 40 years, STL Group plc is the largest independent search provider in the UK, providing residential and commercial conveyancing searches, company searches, anti-money laundering solutions, EPCs and conveyancing indemnity policies.
InfoTrack is Australia’s market-leading and fastest growing legal information provider.
Alan Thorogood, CEO of STL, said: "This is a fantastic opportunity for STL. We share a vision with InfoTrack to provide conveyancing searches and service excellence combined with market leading technology. The UK search market is ripe for innovation; by combining data with systems, we aim to make the search process as seamless as possible for our clients."
Stephen Wood, CEO of InfoTrack, comments: "We believe the UK market has great opportunities for a high quality, integrated search offering that doesn’t exist here yet and STL is an excellent foundation for us to bring that offering to market. Their reputation, client base and business partnerships will make it very easy for us to replicate the great success we have had in Australia. Their business model and integration with LEAP UK, Peapod and other legal software providers mirrors how we do business in Australia and we look forward to working with them to develop and cement their position as a leading legal search provider in the UK"
STL will continue to operate as its own brand.