Aderant to acquire HerculesAI’s legal tech assets, boosting AI capabilities

ATLANTA - Legal technology provider Aderant, a division of the $58 billion market cap Roper Technologies (NASDAQ:ROP), announced Thursday it has signed a definitive agreement to acquire the legal technology assets from HerculesAI, a company specializing in AI-driven billing compliance and decision intelligence.

The acquisition aims to enhance Aderant’s AI capabilities, particularly MADDI, its AI-powered virtual associate. The integration is expected to help law firms prevent revenue leakage, improve realization rates, and transform compliance processes through automation.

"By integrating HerculesAI’s advanced compliance engine with our industry-leading work-to-cash platform, we’re not just automating workflows—we’re enabling intelligent automation that drives measurable profitability," said Chris Cartrett, President & CEO of Aderant.

The deal includes bringing HerculesAI’s legal technology team into Aderant. Alex Babin, founder and CEO of HerculesAI, noted that the cultural alignment between the companies was a key factor in the transaction.

According to the press release statement, Aderant has released nine AI-driven products over the past two years. The newly acquired technology will enable real-time enforcement of outside counsel guidelines, internal billing policies, and analysis of historical patterns.

Aderant will showcase its technology at ILTACON 2025, scheduled for August 11-14 at the Gaylord National Resort and Convention Center in National Harbor, Maryland.

Aderant operates as a business unit of Roper Technologies (NASDAQ:ROP), a constituent of the S&P 500 and Fortune 1000. The company is headquartered in Atlanta with offices across North America, Europe, and Asia-Pacific.

Financial terms of the acquisition were not disclosed in the announcement.

In other recent news, Roper Industries has reported robust second-quarter results, prompting several analyst firms to adjust their price targets. RBC Capital raised its target to $703, citing a modest operating beat and an upward revision in the company’s 2025 guidance. Truist Securities also increased its target to $685, highlighting Roper’s 7% total organic growth and strong performance in its Application Software and Tech-Enabled Products segments. Stifel maintained its $650 target, noting a 13% revenue growth in the second quarter and an increase in the full-year 2025 revenue growth forecast to 13%, following an $800 million acquisition of Subsplash.

Meanwhile, DAT Freight & Analytics has agreed to acquire the Convoy Platform from Flexport, which will enhance its digital freight-matching technology. The Convoy Platform aims to automate freight transactions and will complement DAT’s existing load board service. In a separate development, Frontline Education announced the appointment of Joel Sackett as its new Chief Product Officer. Sackett brings nearly two decades of experience in product leadership, having worked in senior roles at Ellucian, Momentus Technologies, and Hobsons.

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