Epiq Acquires Hyperion Global Partners

According to Ziad Mantoura, SVP and General Manager for Epiq’s legal transformation services business, “The recent pace of legal industry change has acutely accelerated the need for law departments and firms to be run like a business, including the need to embrace digital transformation. Hyperion has a team of expert consultants and a heritage of guiding clients to make intelligent, fact-based decisions to transform their businesses. Joining forces with this team and its impressive market intelligence capabilities adds considerable depth to the solutions we offer our clients as we help guide their digital transformation.”

Smarsh Acquires Digital Reasoning

According to the media release, Tim Estes, Founder and CEO of Digital Reasoning, said, “In this new world of remote work, a company’s digital communications infrastructure is now the most essential one for it to function and thrive. Smarsh and Digital Reasoning provide the only validated and complete solution for companies to understand what is being said in any digital channel and in any language. This enables them to quickly identify things like fraud, racism, discrimination, sexual harassment, and other misconduct that can create substantial compliance risk.”

Reynen Court Secures Additional Funding

According to the media release, Reynen Court has secured $4.5 million of further funding to accelerate growth. Founded in 2018 with wide support from a consortium of nineteen leading global law firms, Reynen Court now has nearly two hundred third-party application vendors are actively engaged, with more than a hundred already under contract and currently present or working towards participation in the Reynen Court solution store.

DISCO Raises $60 Million

According to the media release, DISCO will use this investment to aggressively expand its go-to-market team, doubling sales capacity in North America over the next 12-15 months, expanding its dedicated enterprise sales team, and growing its presence in the EMEA and APAC regions. The company highlighted that it will also expand its strategic channel program, working with service providers who resell DISCO, including a growing number of the largest global service providers. DISCO will continue to invest in its cloud technology platform, software products like DISCO Ediscovery and DISCO Case Builder, and productized legal services like its fast-growing AI-powered DISCO Managed Review offering.

Rampiva and the RYABI Group Merge

According to today’s announcement, the RYABI Group merger is Rampiva’s first acquisition event since its founding. The combined organization now has offices in the United States, Canada, Switzerland, and Australia. Additionally, with this merger, the RYABI Group’s founders will integrate with the Rampiva team, become active shareholders in the combined company, and transition to operating under the Rampiva brand.

eDiscovery Mergers, Acquisitions, and Investments in Q3 2020

From HaystackID and NightOwl Global to Reveal Data and NexLP, the following findings, data points, and tracking charts highlight information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from July 1, 2020, through September 30, 2020. During 3Q20 there were at least fourteen M&A+I events, a pulse rate that exceeds the pre-COVID investment pulse rate of eleven events during the same time frame in 2019.

Mitratech Acquires Acuity ELM

According to Mike Williams, CEO of Mitratech, “We came to the realization that smaller departments that haven’t yet adopted technology to manage documents, control legal spend, process claims, and otherwise streamline operations have fallen further behind the rest of the industry on the legal technology maturity curve. So we saw an incredible opportunity to help this underserved portion of the market, and Acuity ELM will help us do that.”

Veritas Acquires Globanet

“By integrating Globanet’s technology into our digital compliance portfolio, we’re making it simpler for Veritas customers to find and act on more of their data, no matter where it lives,” said Greg Hughes, CEO, Veritas. “Today’s announcement accelerates and strengthens our vision for the Veritas Enterprise Data Services Platform and improves its world-class compliance capabilities. No matter what communications and data management platform our customers use, we enable them to optimize and monitor all their content as it moves from backup to archive to discovery.”

An eDiscovery Holiday Season Down Under? Macquarie Prepares Nuix for IPO

According to John Beveridge, writing for Small Caps, Macquarie holds a massive 65% of Nuix on its own balance sheet and looks set to make a massive profit compared to its original cost for the stake. Those who have attended investor roadshows for the float which were led by Nuix chief executive Rod Vawdrey, said the company has revenue for the year ending on June 30 above $176 million.

ayfie to Acquire Haive

According to Johannes Stiehler, CEO of ayfie Group AS, “This acquisition is a perfect fit for us because it will both extend our reach in one of our core geographies and strengthen our competence center in Oslo. By bringing together Haive’s and ayfie’s customer bases and market insights, we can deliver even more relevant solutions to both our clients.”

SPAC Attack? Cellebrite Moves Toward Becoming a Public Company

According to Adam Clammer, Chief Executive Officer of TWC Tech Holdings,...

Cobra Legal Solutions Receives Investment from Blue Sage Capital

According to Eric Weiner, Partner at Blue Sage, “We are excited...

eDiscovery Mergers, Acquisitions, and Investments in Q1 2021

From Relativity and Reveal to Compliance (System One) and Veristar, the...

Cyber Risk and Reward? Kroll Acquires Redscan

According to Redscan CEO, Mike Fenton, “Merging Redscan’s innovative culture and...

A New Era in eDiscovery? Framing Market Growth Through the Lens of Six Eras

There are many excellent resources for considering chronological and historiographical approaches...

An eDiscovery Market Size Mashup: 2020-2025 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software...

Resetting the Baseline? eDiscovery Market Size Adjustments for 2020

An unanticipated pandemeconomic-driven retraction in eDiscovery spending during 2020 has resulted...

Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations

One of the key home (onsite) or away (remote) decisions that...

Five Great Reads on eDiscovery for March 2021

From data breach economics and vulnerabilities to private-equity investments and vendor...

Five Great Reads on eDiscovery for February 2021

From litigation trends and legal tech investing to facial recognition and...

Five Great Reads on eDiscovery for January 2021

From eDiscovery business confidence and operational metrics to merger and acquisition...

Five Great Reads on eDiscovery for December 2020

May the peace and joy of the holiday season be with...

Cobra Legal Solutions Receives Investment from Blue Sage Capital

According to Eric Weiner, Partner at Blue Sage, “We are excited...

Corporation Z? Zapproved Releases of ZDiscovery Platform

According to the announcement, Monica Enand, Zapproved Founder and CEO, shared,...

Head in the Clouds? CloudNine Releases Review Updates

According to Tony Caputo, CEO of CloudNine, “CloudNine is 100% dedicated...

Threading the Needle? Epiq Launches Unified Digital Client Experience

According to the announcement, Epiq Access is available globally and provides...

A Splash of Optimism? Spring 2021 eDiscovery Business Confidence Survey Results

This is the twenty-second quarterly eDiscovery Business Confidence Survey conducted by...

Cold Weather Catch? Predictive Coding Technologies and Protocols Survey – Spring 2021 Results

The Predictive Coding Technologies and Protocols Survey is a non-scientific semi-annual...

Out of the Woods? Eighteen Observations on eDiscovery Business Confidence in the Winter of 2021

In the winter of 2021, 85.0% of eDiscovery Business Confidence Survey...

Issues Impacting eDiscovery Business Performance: A Winter 2021 Overview

In the winter of 2021, 43.3% of respondents viewed budgetary constraints...