Skip to content
Read our 2025 Mid-Year Update
  • About
  • Our Approach
  • Companies
  • Team
  • K1 Careers
  • Portfolio Careers
  • Media
  • Contact K1
Follow us on LinkedIn
Portfolio News September 15, 2016

Microsystems Announces Merger With XRef

Microsystems, the leading provider of document authoring, editing, formatting, and proofreading software serving the legal and life sciences industries, today announced their merger with XRef, the company founded by lawyers to assist with document drafting and review.
Microsystems Announces Merger With XRef

DOWNERS GROVE, Ill., Sept. 15, 2016 /PRNewswire/ –Microsystems, the leading provider of document authoring, editing, formatting, and proofreading software serving the legal and life sciences industries, today announced their merger with XRef, the company founded by lawyers to assist with document drafting and review.

The industry’s two dominant proofreading solutions will join forces to bring better technologies and an enhanced experience to the market.

“We have long admired XRef’s international and industry market expertise and success growing a great business with astute insights into the demands that lawyers face,” explained Microsystems CEO Stacey Kacek.  “This merger will expand our product functionality and result in a superior customer experience,” Kacek added.

“Our organizations are the two forces that have built this market. We recognized that working together we would better serve the market and clients’ needs,” explained XRef Director and Co-Founder Travis Leon.  “As co-founder at XRef, my objective was to help law firms around the world to better use technology in dealing with the increasing demands of the legal industry.  Working with Microsystems will accelerate the achievement of that goal by leveraging the strengths of our two organizations,” Leon concluded.

About XRef
XRef was created to bring the benefits of technology to the world of legal drafting and is intended to assist law firms in dealing with the competing pressures facing them in today’s market, namely the demand for the same continued excellence in legal drafting and for a more cost-effective service.

About Microsystems
Microsystems is the leading provider of innovative document technology solutions and cutting-edge software worldwide.  Five core products optimize all stages of the document production lifecycle, improving content quality and formatting, identifying errors and inconsistencies, mitigating risk, and enhancing document production efficiency for the legal, professional services and life sciences industries. Today, Microsystems supports more than 650 document-intensive organizations across the globe, helping them satisfy the complex demands of clients and regulators.

Share This Post

Recent News

View All
Award

K1 Named Top Private Equity Firm of 2025 by GrowthCap

August 20, 2025
Award

K1 Named to Inc.’s 2025 Founder-Friendly Investors for 6th Consecutive Year

Read more
November 15, 2025
Award

30 K1 Portfolio Companies Make the 2025 Inc. 5000 List

Read more
August 13, 2025
View All
Award

K1 Named Top Private Equity Firm of 2025 by GrowthCap

August 20, 2025
Award

K1 Named to Inc.’s 2025 Founder-Friendly Investors for 6th Consecutive Year

Read more
November 15, 2025
Award

30 K1 Portfolio Companies Make the 2025 Inc. 5000 List

Read more
August 13, 2025
About
  • About Us
  • Contact K1
Our Approach
  • Our Approach
Media
  • Press Releases
  • Awards & Appearances
Companies
  • Our Companies
Team
  • Team
  • K1 Careers
  • Portfolio Careers
  • Follow us on LinkedIn

Certain statements about K1 Investment Management LLC (“K1”) made by portfolio company executives herein are intended to illustrate K1's business relationship with such persons, including with respect to K1's facilities as a business partner, rather than K1's capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in K1-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. For K1, “carbon neutral” means that any greenhouse gas (GHG) emissions derived from a defined scope of K1’s activities are balanced by an equivalent amount removed, including through our purchase of carbon credits. In this report, our “carbon neutral” status is based on our GHG emissions footprint calculated in accordance with the GHG Protocol as of December 31st, 2023 (comprising Scope 2 Electricity and Gas usage and certain Scope 3 categories: Business Travel and Employee Commuting), amounting to an estimated 3,497 metric tons CO2e. K1 then purchased and applied carbon credits in 2024, amounting to an estimated 6,994 metric tons of CO2e. We engaged a third party to assist with the calculation of K1’s estimated GHG emissions for 2023, but we did not obtain independent, third-party verification of our “carbon neutral” status. To address our 2023 emissions, we contributed to the Conservación y Captura de Carbono / Conservation and Carbon Capture (CO2LTZINGO) reforestation carbon removal project in Coltzingo, Mexico (CAR 1464). This project was certified by the Climate Action Reserve (CAR), using the Protocolo Forestal para México (PFM) Versión 1.5 / Mexico Forest Protocol Version 1.5 and the Guía de Cuantificación de Acervos de Carbono y Monitoreo del Proyecto Versión 1.5 / Project Monitoring and Carbon Stock Quantification Guidance Version 1.5 with a validation date of January 15th, 2019.

© 2025, K1 Investment Management

Legal Disclaimer Privacy Policy
BACK TO TOP