Tue. Feb 27th, 2024

Content Assessment: Morae Expands Global Reach, Acquires UK's Exigent



A short assessment of the qualitative benefit of the recent announcement by Morae Global of its acquisition UK-based Exigent.

Editor’s Note: The acquisition of Exigent expands Morae’s global footprint in the eDiscovery solutions space. For eDiscovery professionals, this consolidation brings together two significant providers and represents continued evolution in technology-enabled legal services. By integrating Exigent’s expertise and proprietary platforms, Morae can enhance its offerings to provide robust, end-to-end capabilities that optimize eDiscovery workflows. This deal signals the value of leveraging AI, analytics, and managed services to address the complex eDiscovery needs of modern legal teams worldwide. For organizations seeking an eDiscovery partner, the combined Morae-Exigent entity offers expanded resources and innovations to drive security, efficiency, and insights.

Media Announcement Summary

Morae Expands Global Reach, Acquires UK’s Exigent

ComplexDiscovery Staff

In a relevant development demonstrating further consolidation in the legal industry, Morae Global Corporation has announced its strategic acquisition of Exigent Group Limited, a UK-based provider of technology and managed legal services. This merger represents an investment-based approach for Morae as it looks to expand and enhance its capacity for delivering robust global legal solutions.

According to Morae CEO Shahzad Bashir, “Our acquisition of Exigent, which achieves a major milestone in our growth strategy, enhances our capabilities to serve our clients and collaborate with them to change legal together. Exigent’s technology and its best-in-class Bangalore and Cape Town centers of excellence combined with Morae’s industry experience, expertise, and practical know-how enables a substantially greater scale and capability for our global delivery of managed legal solutions to our clients.”

By acquiring Exigent, Morae effectively doubles its service delivery capabilities, integrating the expertise and resources of both companies into a unified platform. Exigent’s proprietary technologies and offshore delivery centers located in Bangalore and Cape Town are valuable additions that will allow Morae to better serve its over 1,000 clients worldwide.

Exigent CEO Nicola Stott shared the sentiment, emphasizing the synergy between Morae and Exigent. The shared vision and values of both entities, rooted in integrity, trust, accountability, and collaboration, set the stage for a transformative era in legal solutions.

The combined strengths of Morae and Exigent will empower clients with end-to-end capabilities across contracts, discovery, information management, and managed services. Custom solutions enhanced by analytics, cloud technologies, and AI will facilitate improved efficiency, risk management, and decision-making.

Barclays served as Morae’s Financial Advisor for the deal, with Haynes and Boone, LLP acting as Lead Counsel. This acquisition solidifies Morae as an important global legal solutions provider, now with an expanded presence across five continents.

Founded in 2015, Morae Global Corporation has established itself as a trusted partner for digital and business transformation specific to the legal sector. The company’s seasoned team of professionals consistently aim to deliver value-driven solutions tailored to clients’ diverse needs.

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Source: ComplexDiscovery


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