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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CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active.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 Q2 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 Q2 2018, the following findings, data points, and tracking charts may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from April 1, 2018, through June 28, 2018.
Five Key Findings
- There have been at least 15 M&A+I events in the eDiscovery ecosystem during Q2 2018. (n=15) Table View
- April was the most active month in Q2 2018 for M&A+I events with at least six total events. Chart #1
- May was the least active month in Q2 2018 for M&A+I events with four known events. Chart #1
- The investment pulse rate for the three months of Q2 2018 appears to be congruent with monthly investment patterns since November of 2001. Chart #2
- Q2 2018 investment pulse rate appears to be greater than the investment pulse rate during the same period in Q2 2017. Industry Tracking
M&A+I Data Points
Activity By Month (2018)
- April – 6
- May – 4
- June – 5
Activity By Month (2017)
- April – 1
- May – 4
- June – 1
M&A+I Events
Q2 2018 eDiscovery M&A+I Chronology
| Event Date | Acquired (Investee) | Acquirer (Investor) | Amount (Estimated $) |
|---|---|---|---|
| 28-June-18 | Everlaw (Investment) | Menlo Ventures and Andreessen Horowitz | $25,000,000 |
| 25-Jun-18 | Navigant (Disputes, Forensics, and Legal Technology Segment (DFLT) and Transaction Advisory Services (TAS)) | Ankura (Madison Dearborn Partners) | $470,000,000 |
| 18-Jun-18 | Garden City Group | Epiq | $42,000,000 |
| 13-Jun-18 | Summit Scanning Partners | Everest Technologies | |
| 5-Jun-18 | CloudRanger | Druva | |
| 31-May-18 | Soliton Systems (eDiscovery Business) | Epiq | |
| 23-May-18 | Exterro (Investment) | Leeds Equity Partners (Investor) | >$100,000,000 |
| 1-May-18 | Cornerstone Technologies | Sonasoft Corporation (Closing TBD) | |
| 1-May-18 | RPX Corporation (Inventus) | HGGC (Closing Expected in 2Q or 3Q 2018) | $555,000,000 |
| 24-Apr-18 | Envision Discovery | HaystackID | |
| 24-Apr-18 | Inspired Review | HaystackID | |
| 24-Apr-18 | HaystackID (Haystack Holdings - Investee) | Knox Capital, ORIX Mezzanine & Private Equity, Maranon Capital (Investors) | |
| 17-Apr-18 | Consilio (Advanced Discovery) | GI Partners | |
| 10-Apr-18 | TotalDiscovery | Catalyst | |
| 3-Apr-18 | Erado | Zix Corporation |
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)
Events Per Month - 2001-2018 Q2 Update 2Chart #2: Merger, Acquisition, or Investment Events vs. Month (November 2001 Through June 2018)
Monthly Overview - 2001 - 2018 Q2 UpdateChart #3: Merger, Acquisition, or Investment Events vs. Year (November 2001 Through June 2018)
Events Per Year - 2001-2018 Q2 Update 1Investing 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
2018 Quarterly Listings
Source: Original Research
