|
|
ARCHIVED CONTENT
You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.eDiscovery Mergers, Acquisitions, and Investments in Q1 2018
Since beginning to track the number of publicly highlighted merger, acquisition, and investment (M&A+I) events in the eDiscovery ecosystem, ComplexDiscovery has noted more than 300 M&A+I events between November 2001 and today.
While not all inclusive due to the fact that M&A+I events are not always publicly disclosed, the abridged listing of M&A+I events maintained by ComplexDiscovery notes key industry business moves by sharing event date, company involvement, and event amount (if known).
Based on an aggregate review of the abridged listing through the lens of Q1 2018, the following findings, data points, and tracking chart may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from January 1, 2018, through March 31, 2018.
Five Key Findings
- There have been at least 14 M&A+I events in the eDiscovery ecosystem during Q1 2018. (n=14) Table View
- January was the most active month in Q1 2018 for M&A+I events with at least seven total events. Chart #1
- February was the least active month in Q1 2018 for M&A+I events with two known events. Chart #1
- The investment pulse rate for the three months of Q1 2018 appears to be congruent with monthly investment patterns since November of 2001. Chart #2
- Q1 2018 investment pulse rate appears to be greater than investment pulse rate during the same period in Q1 2017. Industry Tracking
M&A+I Data Points
Activity By Month (2018)
- January – 7
- February – 2
- March – 5
Activity By Month (2017)
- January – 1
- February – 0
- March – 2
M&A+I Events
Q1 2018 Discovery M&A+I Chronology
| Event Date | Acquired (Investee) | Acquirer (Investor) | Amount (Est. $) |
|---|---|---|---|
| 29-Mar-18 | Forexus | Lighthouse | |
| 26-Mar-18 | LexisNexis eDiscovery Product Suite | CloudNine | |
| 26-Mar-18 | CloudNine (Investee) | Peak Rock Captial (Investor) | |
| 21-Mar-18 | Consilio (Advanced Discovery) | GI Partners | |
| 13-Mar-18 | Kroll (Corporate Risk Holdings) | Duff & Phelps | |
| 21-Feb-18 | Clearwater Legal | CertaTech Solutions | |
| 14-Feb-18 | Hightail (File Sharing) | OpenText | $20,000,000 |
| 30-Jan-18 | CS Disco (Investment) | Bessemer Venture Partners, LiveOak Venture Partners, The Stephens Group (Investors) | $20,000,000 |
| 29-Jan-18 | Update Legal | Driven Inc. | |
| 29-Jan-18 | Logikcull (Investment) | New Enterprise Associates (“NEA”), OpenView Venture Partners, Storm Ventures (Investors) | $25,000,000 |
| 29-Jan-18 | KLDiscovery (Investment) | WestView Capital Partners, The Carlyle Group, Revolution Growth (Investors) | |
| 8-Jan-18 | Decipher Forensics (Merger) | Eide Bailly LLP (Merger) | |
| 4-Jan-18 | Cornerstone Technologies | Sonasoft (Letter of Intent to Acquire) | |
| 2-Jan-18 | Xact Data Discovery | JLL Partners |
M&A+I Tracking Charts
(Charts Can Be Expanded for Detailed Viewing)
Chart #1: An Overview of Merger, Acquisition, and Investment Events by Calendar Month (2018)
Q1 2018Chart #2: Merger, Acquisition, or Investment Events vs. Month (November 2001 Through March 2018)
Monthly Overview - 2001 - 2018 Q1Investing in eDiscovery Running Listings
- An Abridged Look at the Business of eDiscovery: A Short List of eDiscovery Investors
- An Abridged Look at the Business of eDiscovery: Mergers, Acquisitions, and Investments
Source: Original Research
