Patrafee is an intellectual property (IP) services and software company. It offers services and software solutions for the management of IP Rights to law firms and IP Rights holders worldwide. Patrafee has more than 30 years' experience of IP management as a market leader in the Nordic countries. The service range includes patent annuity services, trademark renewals and domain name services. Patrafee markets and develops three software systems: Patrawin Professional and Patrawin Enterprise, which are IP management software solutions for law firms and corporations, respectively: as well as IP budgeting software IP Forecaster.
Latest Patrafee News
Feb 19, 2014
CPA Global Acquires Patrafee, Leading Nordic IP Services Provider 2014-02-19 11:00 Increases presence in European patent renewals market; enhances IP software offering to clients HONG KONG, Feb. 19, 2014 /PRNewswire/ -- CPA Global, one of the world's top intellectual property (IP) management and software specialists, today announced the acquisition of leading Nordic IP services provider Patrafee AB ("Patrafee"), along with related businesses and IP services products, for an undisclosed amount. The acquisition includes: Patrafee's patent renewals business, including long-term contracts with the Nordic IP law firms who were previously Patrafee's shareholders Patrawin, Patrafee's IP management software product Patrafee UK, previously a joint-venture between Patrafee and IP Pragmatics, providing IP services in the UK IP Forecaster, the IP cost forecasting product, exclusively sold by Patrafee. The acquisition strengthens CPA Global's presence in the Nordic region, particularly in the SME (small and medium size enterprises) patent renewals market, and follows the acquisition of IP management software and service provider Ipendo in Sweden in 2011. Patrafee's Nordic-based operations will continue to operate as currently, with additional support from CPA Global in terms of industry expertise, global reach and new service and product offerings. Patrafee UK will be integrated into CPA Global's existing UK operations. Patrafee was established in Sweden in 1978 and, upon acquisition, was a partnership of 20 Nordic IP law firms. Patrafee has entered into long-term service agreements with its former shareholders, whereby Patrafee will continue to manage the patent renewal requirements of their clients. The law firms will now also be able to offer their clients the broader suite of IP services and products offered by CPA Global. Patrawin, Patrafee's IP management software product, will continue to be an important part of Patrafee's offering. As part of the transaction, CPA Global has also acquired IP Forecaster, the market-leading online software product that enables clients to forecast patent costs and timings instantly and accurately. This will be integrated into other CPA Global IP management software solutions, where this will enhance the offering for clients. Similar to First To File, the electronic document management system acquired by CPA Global in 2013, the addition of IP Forecaster to the product portfolio demonstrates CPA Global's ongoing commitment to providing a comprehensive range of software solutions to clients. CPA Global Chief Executive Officer Peter Sewell said: "We are delighted to be acquiring Patrafee, a market-leading Nordic business, which has provided IP services to clients for over 30 years. CPA Global is increasingly committed to the Nordic region, and we recognise the importance to clients of having a local, client-focused IP services partner. We are excited to be working together with the Patrafee team and supporting them in delivering world-class IP services in the region. "We are also pleased to welcome Patrafee's former shareholders as long-term clients of the business and look forward to helping them meet the IP needs of their clients. This special business partnership mirrors the valuable relationship CPA Global has with our own former IP law firm shareholders. " Mats Polkander, Chief Executive Officer of Patrafee, commented: "This is an exciting time for Patrafee and our clients. By combining our business with CPA Global, we will continue to deliver the same quality of local service support that our clients have come to expect, while also providing them with access to CPA Global's extensive international network and its broad portfolio of value-added IP services and products. " Source: CPA Global
Patrafee Frequently Asked Questions (FAQ)
Where is Patrafee's headquarters?
Patrafee's headquarters is located at Krukmakargatan 37, Stockholm.
What is Patrafee's latest funding round?
Patrafee's latest funding round is Acquired.
Who are the investors of Patrafee?
Investors of Patrafee include CPA Global.