Lightyear Capital Announces Investment in Lighthouse

Lightyear Capital LLC, a New York-based private equity firm focused on financial services, announced today that investment funds affiliated with Lightyear have acquired a controlling stake in Lighthouse, a leader in technology-enabled eDiscovery, compliance and information governance.

Sonasoft Completes Acquisition of Hotify

Sonasoft today announced that it has completed the acquisition of Hotify and all its related interests, assets, and intellectual property. Hotify’s accounting books have been audited, and Sonasoft’s Board has approved the acquisition. The completion of these objectives finalized the acquisition that now makes Hotify, Inc. a Sonasoft company.

Arbor Ridge Partners Advises H&A eDiscovery On Sale To Epiq

“This is a tremendous opportunity for our employees and our clients,” stated Oleh Hrycko, H&A eDiscovery President. “Arbor Ridge Partners’ experience and knowledge of the Litigation Support and eDiscovery industry was invaluable. They understood our particular goals and objectives and provided options that were spot on and with exceptional guidance, communication, and counsel.”

EY to Acquire Pangea3 Business from Thomson Reuters

EY and Thomson Reuters today announced an agreement for the acquisition of the Thomson Reuters Pangea3 Legal Managed Services (LMS) business by various firms in the EY network. The acquisition will greatly enhance EY technology-enabled legal managed services in the three core areas of contract lifecycle management, regulatory risk and compliance, and investigations and litigation.

Epiq Acquires Canadian-Based H&A eDiscovery

Epiq announced today that it has acquired H&A eDiscovery, a leading Canadian eDiscovery and litigation support firm. H&A eDiscovery will immediately begin operating under the Epiq brand.  

Sonasoft Signs LOI to Acquire Two AI Companies

Sonasoft Corp., a leader in innovative eDiscovery and artificial intelligence (AI) solutions, has announced that it has signed a non-binding letter of intent (LOI) to acquire E-Connect Software, Inc. and OPtimAIze, Inc., along with all related interests and assets. E-Connect Software, Inc. is an AI consulting firm and OPtimAIze, Inc. is an AI company that specializes in artificial intelligence for information technology operations (AIOps).

Veritext Legal Solutions Acquires U.S. Court Reporting Business from Epiq

“While this was a solid business for Epiq, it was clear to us that it would be best served if aligned with an organization focused on investing in and growing court reporting and related services in the U.S.,” said David Dobson, chief executive officer of Epiq. “Veritext is growing and committed to the court reporting industry on all levels and a perfect fit to service the needs of our court reporting clients.”

Sonasoft Signs Definitive Purchase Agreement to Acquire AI Company Hotify

“With the acquisition of Hotify, Sonasoft is poised to be a disruptive competitor in the industry,” said Andy Khanna, Vice Chairman of Sonasoft, who is in charge of mergers, acquisitions, and compliance matters. “Hotify has proven AI technology, and that is why we pursued this acquisition. When combined with Sonasoft’s client and partner portfolio along with our strong sales and marketing engine, we have an incredible opportunity for success. Our existing IP in data archiving and eDiscovery is an initial launching point to fully integrate Hotify’s AI.”

eDiscovery Mergers, Acquisitions, and Investments in 2020

Since beginning to track the number of publicly highlighted merger, acquisition,...

Relativity Acquires VerQu

According to Relativity CEO Mike Gamson, "It's imperative that the legal...

eDiscovery Mergers, Acquisitions, and Investments in Q4 2020

From Nuix and DISCO to Exterro and AccessData, the following findings,...

DISCO Closes Funding Round of $100 Million

According to DISCO CEO Kiwi Camara, “Legaltech is booming now, 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 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...

Five Great Reads on eDiscovery for November 2020

From market sizing and cyber law to industry investments and customer...

Five Great Reads on eDiscovery for October 2020

From business confidence and captive ALSPs to digital republics and mass...

Only a Matter of Time? HaystackID Launches New Service for Data Breach Discovery and Review

According to HaystackID's Chief Innovation Officer and President of Global Investigations,...

It’s a Match! Focusing on the Total Cost of eDiscovery Review with ReviewRight Match

As a leader in remote legal document review, HaystackID provides clients...

From Proactive Detection to Data Breach Reviews: Sensitive Data Discovery and Extraction with Ascema

A steady rise in the number of sensitive data discovery requirements...

A Running List: Top 100+ eDiscovery Providers

Based on a compilation of research from analyst firms and industry...

Not So Outstanding? eDiscovery Operational Metrics in the Winter of 2021

In the winter of 2021, eDiscovery Business Confidence Survey more...

A Lifting of the Fog? Winter 2021 eDiscovery Business Confidence Survey Results

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

High Five? An Aggregate Overview of Five Semi-Annual eDiscovery Pricing Surveys

As we are in the midst of a pandemic that has...

Balancing Relevance and Reality? Winter 2021 eDiscovery Pricing Survey Results

Based on the complexity of data and legal discovery, it is...