According to one of the foremost non-profit think tanks on tax policy, the Tax Foundation, the variety of approaches to taxation among Organisation for Economic Co-operation and Development (OECD) countries creates a need to evaluate these systems relative to each other. For that purpose, the Tax Foundation developed the International Tax Competitiveness Index—a relative comparison of OECD countries’ tax systems with respect to competitiveness and neutrality.
Nuix, a leading provider of investigative analytics and intelligence software, with the vision of “finding truth in a digital world”, highlights its 2021 Annual Report in an October 29, 2021 announcement and shares a notification of a class action claim against the company on November 22, 2021.
According to Steven Horan, Chairman, and CEO of Modus, “Having the right support along the journey can make all the difference. We have invested heavily in great global support in our journey that has been invaluable. I am honored to have the trust and financial commitment from a firm like J.P. Morgan. They quickly grasped our industry, opportunity, and financial model with an unmatched level of experience and entrepreneurial insight.”
According to TPG Partner Mike Zappert, “Everlaw is the eDiscovery market leader, but eDiscovery is only the beginning. Everlaw’s best-of-breed cloud product and intuitive design is making the law more accessible and affordable for teams across the legal and regulatory spaces. The eDiscovery market and the legal industry writ large are undergoing a rapid digital transformation that has only been accelerated in the past few years. Everlaw is the vanguard of that transition.”
According to Nextpoint CEO and Founder Rakesh Madhava, “We’ve been profitable and self-funded for 20 years. We plan on staying that way. These facilities demonstrate that our way of doing business, consistently, sustainably and customer-driven were the right way to build a SaaS business. The new facilities will be used to scale our product offering and customer support to stay ahead of our rapid growth curve.“
According to Brian Henley, Managing Partner, at Recurring Capital Partners “Hanzo is an exciting company in the unstructured data management space known for its history of innovation and delighting customers by making the complex simple. We are delighted to partner with the Hanzo team and supply them with growth capital to accelerate and scale their product and market initiatives.”
According to Zachary Viders, Managing Director, Global Credit Opportunities at BlackRock, “We are very excited to invest in Morae, which has established itself with a unique brand and valued reputation as a global provider of digital and business transformation solutions for the legal, compliance, and risk management markets. We were impressed with the company’s leadership team and vision, business strategy and their tangible capability to deliver the outcomes their clients care about most.”
According to Mary Beth Schmidt, President and Chief Operating Officer at The Gnoêsis Group, “As our companies combine, I’m looking forward to cultivating new relationships and expanding service offerings to our clients. Gnoêsis and Array share a similar philosophy on the customer experience and will be deeply committed to the tradition of service, integrity, and honesty both of us believe in and strive to achieve every day.”
From Consilio and Xact Data Discovery to CloudNine and Crest Rock, the following findings, data points, and tracking charts highlight information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from April 1, 2021, through June 30, 2021. During 2Q21 there were at least 18 M&A+I events, a pulse rate that is significantly greater than the investment pulse rate of four events during the same time frame in 2020.
From an investigative report on how an Australian Stock Exchange (ASX) float went sour to investor concerns and reports of talent retention challenges, the following aggregation of recent articles and announcements on leading investigative and analytics software company Nuix may be of interest to business, legal, and information technology professionals within the eDiscovery ecosystem.