According to Jacques Galante, Partner of Leeds Equity, “This transaction represents the culmination of a significant business transformation for BARBRI that could not have been accomplished without the great insights and contributions of Steve Fredette, Mike Sims, Dan Wilson and the entire BARBRI team. The team has built an extraordinary business by investing in people, learning technology, and unrivaled products, all with a relentless focus on delivering best-in-class learning outcomes. We wish the team continued success as they build on this strong business foundation and lead BARBRI during its next chapter of partnership with Francisco Partners.”
According to Jorge Zeledon-Castillo, CEO at Zeledon-Castillo, “Joining forces with XDD further empowers our ability to provide advanced eDiscovery and litigation support services to our clients in southern Texas. XDD’s reputation for instilling optimized processes and communications is second to none. Coupled with their advanced technologies, we look forward to integrating our people and clients into the XDD ecosystem.”
This is the twenty-second quarterly eDiscovery Business Confidence Survey conducted by ComplexDiscovery. It is also the fifth time the survey has been conducted during the current pandemic. The COVID-19 pandemic continues to alter life as we know it. It also continues to alter the business landscape of everyone in the eDiscovery ecosystem. 2,432 individual responses have been received from legal, business, and technology professionals across the eDiscovery ecosystem since the inception of the survey. 100 respondents shared their splashingly optimistic opinions as part of the most recent survey.
Gaslighting is a sophisticated manipulation tactic which certain types of personalities use to create doubt in the minds of others. Recognizing and appropriately responding to it can be critical to reducing its impact in environments ranging from the courtroom to the c-suite. If not dealt with properly, gaslighting can have a negative impact on relationships, performance, and communications, directly impacting organizational and individual productivity, revenue, and outcomes.
According to Adam Clammer, Chief Executive Officer of TWC Tech Holdings, said: “At True Wind Capital we are focused on investing in leading technology companies, and the Cellebrite opportunity ticks all the boxes on our wish list for a long-term investment in a public company. Cellebrite empowers public and private sector customers to drive digital transformation of the investigative workflow through its advanced technology. Importantly, Cellebrite’s technology helps bring justice to victims of crimes, including cases of child exploitation, violent crimes such as homicide and sexual assault, drug and human trafficking, fraud and financial crime. We are proud to be partnering with a company that is having a real impact on these issues.”
According to Eric Weiner, Partner at Blue Sage, “We are excited to partner with Candice [Corby] and her best-in-class team and to support Cobra in the next stage of its evolution. The Cobra platform stands out in its commitment to service, responsiveness, and flexibility in managing its customers’ eDiscovery and legal services needs. Together we will focus on organic growth and acquisitions to expand Cobra’s service offering and build a leader in the eDiscovery and legal services industry.”
Increased interest in levels of M&A activity has warranted that the Bureau of Competition’s Premerger Notification Office (PNO) share the monthly figures for Hart-Scott-Rodino (HSR) Act transactions. This increased activity can be seen in the running update of HSR transaction numbers between October 2019 and today. The latest monthly update from the PNO is for March 2021 and noted 323 reported transactions. This is the highest number of monthly reported transactions in any March between FY 2010 and FY 2021. The 323 reported transactions number is also the second-highest reported monthly transactions number for any month between October 2010 and today, only trailing the 424 reported transactions in November 2020.
According to Veristar company founder, CEO, and president, Rick Avers, “We are excited to be joining forces with the outstanding CrossRealms International team. Aligning forces with the litigation IT services professionals at CrossRealms International will completely set Veristar apart from its traditional competitors and completes Veristar’s vision to transform our industry that is still providing 20th-century resources in the 21st century.”
According to Thomas Kurian, CEO of Google Cloud, “The benefits of adopting cloud technologies are too compelling for today’s enterprises and we are committed to removing the barriers that prevent this business acceleration. That’s why we are proud to be delivering a first-of-its-kind program with Allianz and Munich Re to help our customers reduce security risks and gain simplified access to specialized cyber insurance coverage to help customers accelerate their business with confidence in the cloud.”
According to Joe Osnoss, Managing Partner of Silver Lake, “Relativity is not only the clear leader in software for the legal sector, but also an increasingly strategic company in enterprise technology generally, as proliferating data across multiple formats both on-premise and in the cloud need to be collected and analyzed for a wide range of compliance purposes. Our investment is designed to accelerate the realization of Relativity’s potential in partnership with the talented management and employees, founder Andrew Sieja and our colleagues from ICONIQ Growth.”