From HaystackID and Everlaw to Cellebrite and Carbonite, ComplexDiscovery findings, data points, and tracking information from January 1, 2020, to March 29, 2020, may be useful for understanding merger, acquisition, and investment activity patterns in the eDiscovery ecosystem during the first calendar quarter of 2020.
“We are excited to partner with TCDI and Bill Johnson to accelerate TCDI’s solid foundation and impressive track record of innovation and client retention. Trivest will assist the leadership team with an aggressive but thoughtful add-on acquisition program aimed at increasing the Company’s size, scale, presence, and capabilities in the coming years,” shared Jamie Elias, Partner at Trivest.
“We are exceptionally pleased with the growth of HaystackID and delighted to continue our support and investment in Hal Brooks and his team as they continue to focus on addressing customer needs with superior services,” shared HaystackID Board Member Mike Bryant, Partner at Knox Capital. “We are also thrilled to work with Quad-C and look forward to benefiting from their deep industry and investment expertise as we seek to quicken HaystackID’s growth pace and expand its growth path.”
“This acquisition will allow Cellebrite to accelerate the delivery of new Digital Intelligence solutions and services that will empower our customers and allow them to maximize the efficiency and accuracy of their digital investigations. The acquisition is a major milestone in our journey to help our customers build safer communities and we welcome the BlackBag team to Cellebrite.”
The deal strengthens Kroll’s cyber risk capabilities across the APAC region, aligning with and further reinforcing the company’s commitment to providing clients with end-to-end cyber resiliency solutions, from detection and response to remediation, restoration and hardening as Singapore-based RP Digital Security is a leader in computer forensic investigations, digital security, and eDiscovery services.
“We are delighted to welcome the Superior team into the KLDiscovery family,” said Christopher Weiler, CEO of KLDiscovery. “Superior is a well-respected, full-service eDiscovery and litigation support provider in Virginia and has built its business by delivering high-touch, personalized document and eDiscovery services while ensuring the highest quality control and security standards, making them a natural fit with KLD.”
The combined company will deliver a broader range of technology-enabled legal services for the growing global legal operations market and will go forward under the Legility brand. Barry Dark will serve as the combined company’s CEO and Paul Mankoo will continue to be a key member of the executive team with responsibilities across the business.
“We have confidence in our ability to integrate, innovate and grow the business. As previously highlighted, we are targeting for Carbonite to be on our operating model by the end of Fiscal 2021, or sooner. We expect strong cloud growth and cash flow expansion from the acquisition,” shared Mark J. Barrenechea, OpenText CEO & CTO.
ComplexDiscovery findings, data points, and tracking information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from October 1, 2019, through December 26, 2019.
Pivotal Acquisition Corp. and KLDiscovery announced today the closing of their previously announced merger and the issuance of $200 million in convertible debentures. In connection with the consummation of the merger, the combined company was renamed KLDiscovery Inc.