Abacus Data Systems
| Company type | Private |
|---|---|
| Industry | Software, Private cloud services |
| Predecessor | Abacus Data Systems, AbacusNext |
| Founded | 1983 |
| Fate | Rebranded as Caret in early 2025 |
| Headquarters | San Diego , United States |
Key people | Keri Gohman (CEO), Mike Skelly (CFO) |
| Products | Abacus Private Cloud, AbacusLaw, Amicus Attorney, ResultsCRM, OfficeTools, HotDocs |
| Owner | Providence Equity Partners (majority investor since 2015) |
| Website | www |
Abacus Data Systems, now operating under the name Caret (previously known as AbacusNext), is a privately held American company specializing in software and private cloud services, with its main office located in San Diego, California. The organization transitioned to the CARET brand in early 2025, unifying its accounting and legal software products under a single identity.
Cloud
The Abacus Private Cloud delivers a private cloud Desktop-as-a-Service solution built upon Intel-based technology within a Windows Server 2012 R2 framework. It employs Veeam Software for data backup and is hosted across three carrier-neutral data centers connected via an optical fiber network: Scalematrix in San Diego, Skybox Houston One in Houston, and SUPERNAP by Switch in Las Vegas.
Software
AbacusNext offers four Windows-based platforms that utilize relational database management systems. Among these are two legal practice management tools: AbacusLaw, which operates on Advantage Database Server, and Amicus Attorney, which runs on Microsoft SQL Server. For accounting professionals, the company provides ResultsCRM—a CRM solution integrated with QuickBooks—and OfficeTools practice management software; both are based on Microsoft SQL Server.
Management
- Keri Gohman, CEO (previously a partner at Bain Capital Ventures)
- Mike Skelly, CFO (with former roles as CFO at Trio Health, UpWind Solutions, and Active Network)
In December 2015, Providence Equity Partners, a private equity firm, made a majority strategic investment in AbacusNext (then known as Abacus Data Systems) to foster expansion and innovation.
Acquisitions
In May 2016, AbacusNext acquired Gavel & Gown, a Toronto-based company known for developing Amicus Attorney.
February 2017 brought the purchase of Results Software, the creator of ResultsCRM, along with Cloudnine Realtime, a cloud hosting provider based in San Diego. Later in May, OfficeTools from Palmdale was added to enhance spend management solutions.
November 2017 saw the acquisition of HotDocs from Scotland, a product previously owned by LexisNexis until 2009. The following month, Commercial Logic, a software firm from New Hampshire, was also integrated into the company’s portfolio.
These acquisitions have significantly expanded AbacusNext’s range of products and strengthened its position within the legal and professional services software markets.