Consilio and Advanced Discovery have announced [April 17, 2018] that the transaction to merge the companies is now complete. The combined company is now the world’s second largest services provider for information governance, risk management, eDiscovery and document and contract review.
Many have predicted the impending maturation of the e-discovery market, but while the market is feeling smaller and smaller to both buyers and vendors, the rate of consolidation in the e-discovery space slowed noticeably in 2017.
Through consolidation, one expert writes that customers receive better, more comprehensive services while companies can control costs and enabling their own geographic expansion.
Avalon, a national provider of eDiscovery, managed services, and traditional litigation support services to law firms and corporations, has announced today that it will team up with C:DOX, a Cleveland-based litigation support and eDiscovery provider.
To rework the legal industry, which is steeped in tradition and regulation, large sums of money are likely required. In an effort to address these challenges, legal tech startups have received $1.5 billion in funding across 610 deals since 2010.
Congruity360 formed from the merger of Congruity, a solution provider and MSP with a storage focus, and KNJ, a provider of electronic discovery consulting and services, said Brian Davidson, co-founder of Congruity and managing partner of Pembroke, Mass.-based Congruity360.
Lighthouse eDiscovery, a leader in technology-enabled ediscovery and consulting services, today announced that it has combined forces with Discover, a rapidly growing ediscovery company.
LDiscovery, LLC, announced a definitive purchase agreement under which LDiscovery will acquire Kroll Ontrack in an all-cash transaction valued at approximately $410 million.
Epiq will become a privately-held company and will be combined with DTI, a leading global legal process outsourcing (LPO) company majority-owned by OMERS and managed by OMERS Private Equity.
The acquisition appears to be one that will provide OpenText with advanced analytics technology and expertise that can be used to expand the capabilities of its enterprise information management solutions (integration over time) and to immediately enhance its current offering portfolio (addition of Recommind offerings).