Dye & Durham Corporation

Founded in 1874 and based in Toronto, Canada, Dye and Durham Limited through its subsidiary Dye & Durham Corporation, operates as a provider of cloud-based software solutions for business law, real estate law, government institutions, and financial services. The company's software enables due diligence searches, through electronic records and legal documents, to manage information and regulatory requirement for enterprises. The company operates across locations in Canada, UK, and Australia. The company is chaired by Brian L.

Derksen as the Chair of the Board. In 2020, the company closed the IPO for 20 million shares at CAD 7. 50 per share for the gross proceeds of CAD 150 million. Dye and Durham is listed on the Toronto Stock Exchange under the ticker symbol DND.

In 2021, the company acquired GlobalX Information Pty Ltd for CAD 166 million and acquired SAI Global’s Property Division for CAD 89 million. As of 2021, the company staffs 144 employees. The company’s solutions include legal software solutions such as due diligence searches, web-based lien management solutions such as PPSA and securities filings, litigation solutions, legal practice management solutions, and automation of documents required for real estate purchase, sale, and the mortgage that automates workflow and streamlines access to public records to support end-to-end legal transactions. Additionally, the company provides government agencies with searches on corporations and individuals to facilitate investigations and compliance reviews such as investigate and compliance services, PPSA (Personal Property Security Act) services, court filing solutions, and process serving requests.

Dye & Durham Corporation provides technology-enabled risk mitigation solutions for financial institutions for AML/KYC and lien management, financial risk management, payout exchange, and mortgage discharge. The company offers several services for Canada such as DoProcess, econveyance, ecore, EsiLaw, CorpLink, CyberBahn, and Legal I Link, and services for the UK include easy probate, easy accounts, and case management software. Post its acquisition of GlobalX Information Pty Ltd and SAI Global's Property Division, the company plans on expanding its Australian footprint. The company forecasts adjusted EBITDA and revenue of over CAD 200 million and CAD 340 million, respectively for June 30, 2022.