Ipro Announces Investment from ParkerGale Capital

Ipro Tech, a global leader in the development of advanced eDiscovery software solutions, announced today that it has received a substantial investment from technology private equity firm ParkerGale Capital.

TEMPE, Ariz., April 25, 2017 (GLOBE NEWSWIRE) — Ipro Tech, a global leader in the development of advanced eDiscovery software solutions, announced today that it has received a substantial investment from technology private equity firm ParkerGale Capital.  Terms of the transaction were not disclosed.

Ipro’s Automated Digital Discovery workflow platform (ADD) helps customers organize, process, review and produce litigation data of vast sizes and complexity. The revolutionary platform enables corporations, law firms, and litigation service providers to manage eDiscovery more efficiently and cost-effectively than ever before.

“Ipro fits our description of an ideal situation perfectly,” commented Ryan Milligan, Partner at ParkerGale.  “Our extensive market research shows that multiple customer segments are hungry for an alternate solution.  Ipro’s product offering is in a prime position to expand across those segments.  All credit goes to Kim Taylor, CEO, and the outstanding team he has assembled.  We look forward to working together.”

“I’m excited to enter this next phase of growth and innovation at Ipro,” said Ipro President & CEO Kim Taylor.  “We’ve succeeded as a bootstrapped operation up until now and are thrilled about the prospect of new ownership with the resources and expertise ParkerGale brings to our Board.  Their acquisition is an affirmation that the {I-proclamation} journey we embarked on four years ago was the right course to navigate in delivering what our customers need.”

Business as Unusual? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2020

The results of the recent Summer 2020 eDiscovery Business Confidence Survey present the unfortunate and continuing impact of COVID-19 on the business of eDiscovery. However, for these pandemic-driven results to be fully understood, they should be viewed through the contextual lens of the results of all nineteen surveys that have been administered to eDiscovery professionals since the inception of the eDiscovery Business Confidence Survey in early 2016.



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