Wolters Kluwer’s Governance, Risk & Compliance (GRC) Division, which includes the company’s financial services and corporate legal services business lines, has acquired US-based Vcorp Services, LLC. This 22 person firm is a provider of registered agent, UCC and other corporate legal services. The acquisition strengthens the Division’s “existing portfolio of legal and compliance products and services by furthering CT Corporation's reach into its core markets, including small and mid-sized law firms and corporations”, Wolters Kluwer GRC said in a statement.

CT Corporation (CT), a part of Wolters Kluwer GRC, works with businesses to offer customized solutions and expertise about business formations, legal and corporate business compliance, and business licenses. Since 1892, CT has been focused on helping businesses thrive, offering registered agent services, incorporation and LLC formation.

Vcorp Services is based in Monsey, New York, and was founded in 2003. Vcorp joins GRC, headed by New York-based CEO Richard Flynn, and will continue to deliver its solutions to customers as part of CT's suite of products and services. The acquisition is expected to deliver a return above Wolters Kluwer's after tax cost of capital (8%) in three to five years and is expected to be earnings enhancing in its first full year.

"Vcorp is a highly successful and growing player serving an attractive segment of our market," said John Weber, President & CEO of Wolters Kluwer GRC's Legal Information Services Group, which includes CT and Corsearch. "Vcorp's strong customer base and portfolio of products and services strengthens our overall offering and capitalizes on an important strategic opportunity to better serve small and mid-sized corporations and law firms."

"Being a part of CT will ensure Vcorp customers and employees experience even greater value from the vast resources and network now available to us," said Isaac Muller, Vcorp founder & CEO. "We look forward to combining our strengths to meet growing marketplace demands."

Wolters Kluwer GRC provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertiseneeded to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments. In recent weeks the Division has won a number of awards including Best International Financial Services Software and Best International Corporate Legal Services Software accolades from Corporate Vision magazine.