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AbacusNext Acquires HotDocs

San Diego-based AbacusNext, a provider of technology solutions for the legal and accounting market, has acquired UK-based HotDocs, a provider of document automation technology. Financial terms of the acquisition were not announced. AbacusNext provides software and technology to the legal, accounting, and other professional services markets, to manage contracts, sales agreements, government forms, and loan documentation. HotDocs is based in Edinburgh, UK. AbacusNext is owned by private equity investor Providence Equity.