You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.
By Gabe Friedman
In the latest sign of consolidation in the e-Discovery space, the Carlyle Group and venture capital firm Revolution Growth on Wednesday announced the acquisition of a Virginia-based legal technology services company for an undisclosed price.
LDiscovery, based in McLean, Va., lists seven U.S. offices as well as one in London. It employs attorneys, developers and other support professionals who service corporate law departments, law firms, and the federal government with their e-Discovery needs.
The Washington Post described the acquisition as “a bet of roughly $150 million,” with Carlyle owning half of the firm and the remainder controlled by Revolution and LDiscovery management, although it did not provide a source for the information.
If you have information or offering requests that you would like to ask us about, please let us know, and we will make our response to you a priority.
ComplexDiscovery OÜ is an independent digital publication and research organization based in Tallinn, Estonia. ComplexDiscovery covers cybersecurity, data privacy, regulatory compliance, and eDiscovery, with reporting that connects legal and business technology developments—including high-growth startup trends—to international business, policy, and global security dynamics. Focusing on technology and risk issues shaped by cross-border regulation and geopolitical complexity, ComplexDiscovery delivers editorial coverage, original analysis, and curated briefings for a global audience of legal, compliance, security, and technology professionals. Learn more at ComplexDiscovery.com.
Generative Artificial Intelligence and Large Language Model Use
ComplexDiscovery OÜ recognizes the value of GAI and LLM tools in streamlining content creation processes and enhancing the overall quality of its research, writing, and editing efforts. To this end, ComplexDiscovery OÜ regularly employs GAI tools, including ChatGPT, Claude, Gemini, Grammarly, Midjourney, and Perplexity, to assist, augment, and accelerate the development and publication of both new and revised content in posts and pages published (initiated in late 2022).