Financials and Growth Prospects
Libra currently has around 15 employees, all of whom will join Wolters Kluwer. The subscription-based AI assistant, launched in late 2024, is projected to generate €5 million in annual recurring revenue (ARR) by year-end.
Wolters Kluwer expects the acquisition to achieve a return on invested capital (ROIC) above its 8% after-tax weighted cost of capital within 3–5 years. In the near term, the acquisition is anticipated to have minimal impact on adjusted earnings. Closing is expected in November 2025, pending customary conditions.
Strategic Significance
This acquisition complements Wolters Kluwer’s Expert AI solutions already available in legal research platforms in Europe and the U.S., further enhancing efficiency and security for legal practitioners.
By integrating Libra’s AI with Wolters Kluwer’s content, the company aims to set a new benchmark for AI in legal practice, delivering high-quality outcomes and robust domain depth.
About Wolters Kluwer
Wolters Kluwer (Euronext: WKL) is a global leader in software and information services for professionals in healthcare, tax, finance, legal, compliance, ESG, and corporate performance. The company serves customers in over 180 countries, employs approximately 21,900 people, and reported €5.9 billion in 2024 revenues.
The company is headquartered in Alphen aan den Rijn, Netherlands, with shares listed on Euronext Amsterdam and a Level 1 ADR program trading OTC in the U.S. (WTKWY).
