Actionstep acquires Traced

● STRATEGIC | LEGAL

JANUARY 29, 2026

Actionstep (Serent Capital) acquires Traced

TARGET

Traced

Time tracking software, acquired to add time tracking capabilities to Actionstep's legal practice management platform.

Ownership	Founder-owned
Leadership	Aiden Bub, Founder
Sell-side advisor	—

ACQUIRER

Actionstep

Legal practice management software provider

Ownership	PE-backed
Parent	Serent Capital
Investors	Serent Capital
Capital raised	$37M
Headcount	249 FTEs
Headquarters	Denver, Colorado
Leadership	Early Stephens, Global CEO Triona Buckley, Chief Product Officer
Buy-side advisor	—

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Actionstep -> Traced  (2026-09-11)
strategic_acquisition | Legal | announced
Target: Time tracking software, acquired to add time tracking capabilities to Actionstep's legal practice management platform.
Buyer site: actionstep.com
Ownership: founder-owned | Buyer sponsor: Serent Capital | Buyer ownership: pe-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/actionstep-traced.html

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