An Abridged Look at the Business of eDiscovery: Mergers, Acquisitions, and Investments

An overview of the business of eDiscovery through the lens of mergers, acquisitions, and investments between 2001 and today.

The following listing highlights key industry business moves by sharing the announcement date, parties involved, and amounts (if available) of significant eDiscovery-related mergers, acquisitions, and investments.

eDiscovery Mergers, Acquisitions, and Investments

Event DateAcquired (Investee)Acquirer (Investor)Amount (Estimated $)
12-Dec-17U.S. Legal Support (eDiscovery and Computer Forensics Division)Business Intelligence Associates (BIA)
5-Dec-17HAYSTACK ID LLC (Investee)TCF Capital Funding (Support Of Knox Capital Holdings and Maranon Capital) in Recapitalization (Investor)$17.800,000
30-Nov-17E-STETEY
28-Nov-17AllegoryIntegreon
31-Oct-17Avalon Document Services (Merger)C:Dox (Merger)
23-Oct-17NexLP (Investment)Method Capital and Dundee Venture Capital (Investors)$3,000,000
23-Oct-17HAYSTACKID LLC (Investee)Knox Capital (Investor)
3-Oct-17NuLegalDTI
2-Oct-17The Oliver GroupRVM
6-Sep-17DSicovery, LLCCounsel on Call
1-Aug-17inDataIpro
26-Jul-17Guidance SoftwareOpenText$240,000,000
25-Jul-17Heureka Software (Investee)NCT Ventures, Bridge Investments, JumpStart Inc.
(Investors)
$1,800,000
12-Jul-17Esquify (Investment)Network Ventures, Foley Ventures, and Bridge Investments (Investors)$710,000
21-Jun-17KNJ (Merger)Congruity360 (Merger)
17-May-17Altep, Inc.Advanced Discovery
17-May-17Discovia (Merger)Lighthouse eDiscovery (Merger)
16-May-17Zapproved (Investment)Vista Equity Partners (Investor)
2-May-17Morae Legal (Merger) New Entity Called Morae Global CorporationClutch Group (Merger)
26 - Apr - 17Ipro (Investment)ParkerGale Capital (Investor)
29-Mar-17Valora Technologies (Investment)DTI (Investor)
21-Mar-17CS Disco (Investment)Comerica Bank (Debt Refinancing and Expansion)
26 - Jan 17Secure DiscoveryReveal Data
4-Dec-16Key Discovery (eDiscovery Practice)BDO USA (BDO Consulting)
10-Nov-16Scarab ConsultingFranklin Data
7-Nov-16Essential Discovery, Inc.FRONTEO
4-Nov-16BrainspaceBC Partners, Medina Capital (Agreement to Acquire)$95,000,000
1-Nov-16Stroz FriedbergAon Risk Solutions
21-Oct-16Kroll OntrackLDiscovery LLC$410,000,000
11-Oct-16Brainspace (Investment)In-Q-Tel, Inc (Investor)
4-Oct-16D4 LLCAdecco Group
30-Sep-16Epiq Systems (Merger)DTI (Merger)
29-Sep-16Druva (Investment)Sequoia Capital, Blue Cloud Ventures, Hercules Capital, NTT Finance, Nexus Venture Partners, Tenaya Capital (Investors)$51,000,000
8-Sep-16EQDConsilio
1-Sep-16IntegreonNewQuest Capital Partners
23-Aug-16Logikcull (Investment)OpenView Ventures, Storm Ventures (Investors)$10,000,000
22-Aug-16Avalon Documents Services (Merger)Southeastern Document Services (Merger)
3-Aug-16Lighthouse eDiscovery (Investee)CIT Bank North America (Line of Credit)$23,000,000
2-Aug-16CS Disco (Investment)The Stephens Group, Bessemer Venture Partners, LiveOak Venture Partners (Investors)$18,575,000
27-Jul-16Epiq SystemsOMERS Private Equity And Harvest Partners (Agreement)$1,000,000,000
20-Jul-16RecommindOpenText$163,000,000
13-Jul-16iCONECT (Investment)Fraser Mackenzie Merchant Capital (Investor)
9-Jun-16ForensiconQDiscovery
19-May-16Jurinnov Ltd.TCDI
11-May-16Adept STS, LimitedDTI
10-May-16Omega Discovery, LLCSkyline Discovery Consulting
5-May-16Elite Document SolutionsLDiscovery LLC
25-Apr-16F1 DiscoveryXact Data Discovery
14-Apr-16Gotham Digital ScienceStroz Friedberg
14-Mar-16Content AnalystkCura
10-Mar-16Archyvu SystemsIron Mountain
2-Mar-16Landmark Legal SolutionsD4 LLC
20-Jan-16Kiersted SystemsOmniVere LLC
19-Jan-16Orange Legal TechnologiesXact Data Discovery
19-Jan-16Review Less LLCInspired Review LLC
14-Jan-16Everlaw (Investment)Andreessen Horowitz (Investor)$8,100,000
7-Jan-16MillnetAdvanced Discovery
6-Jan-16LDiscovery LLCCarlyle Group, Revolution Growth$150,000,000
5-Jan-16Legal Placements, Inc.Advanced Discovery
31-Dec-15Huron Legal (Divestiture from Huron Consulting Group)Consilio$134,000,000
15-Dec-15Inventus Solutions, Inc.RPX Corporation$232,000,000
2-Dec-15Proven Legal TechnologiesConsilio
23-Nov-15DaegisOpenText$13,500,000
12-Oct-15Ditto Document Services (eDiscovery Division)Advanced Discovery
6-Oct-15eDepoze (Investee)Nova Partners, LLC (Investor)$2,800,000
16-Sep-15Kennett GroupTRU Staffing Partners
16-Sep-15BackstopConsilio
1-Sep-15OmniVere (Investee)Gibraltar Business Capital (Line of Credit)
24-Aug-15CaseTrack (EAG)Mitratech
24-Aug-15Copy SecureLDiscovery LLC
11-Aug-15Credence CorporationLDiscovery LLC
11-Aug-15Veritas (From Symantec)Carlyle Group$8,000,000
6-Aug-15Elysium DigitalStroz Friedberg
3-Aug-15Consilio (Investment)Shamrock Capital Advisors (Investor)
3-Aug-15EvD, Inc. (Evolve Discovery)UBIC, Inc.
21-Jul-15iManage (LBO From HP)iManage
8-Jul-15Heureka Software (Investee)Franklin Data (Investment)
7-Jul-15Bridgeway SoftwareMitratech
1-Jul-15VE DiscoveryFranklin Data
1-Jul-15Rittman Mead IndiaHuron Consulting Group
23-Jun-15Kooby, LLPInventus Solutions, Inc.
22-Jun-15NRC Inc.Myriad Technologies
12-Jun-15FLEX DiscoveryHAYSTACKID
1-Jun-15Merrill Corporation (Legal Solutions Group)DTI
14-May-15Resolution1 Security (AccessData Group)Fidelis Cybersecurity
13-May-15Actiance (Investment)Golub Capital (Investor)$28,000,000
4-May-15Iris Data ServicesEpiq Systems$134,000,000
30-Mar-15Lightbox TechnologiesStroz Friedberg
26-Mar-15Unified OS Ltd.Inventus, LLC
24-Mar-15KofaxLexmark$1,000,000,000
24-Mar-15Logikcull (Investment)Storm Ventures, Private (Investors)$4,000,000
16-Mar-15Platinum Legal GroupPwC Canada
12-Feb-15Lighthouse eDiscovery (Investee)Spire Capital (Investor)$30,000,000
3-Feb-15kCura (Investment)Iconiq Capital (Investor)$125,000,000
2-Feb-15Zapproved (Investment)K1 Investment Management (Investor)$15,000,000
20-Jan-15EquivioMicrosoft$200,000,000
14-Jan-15Xact Data DiscoveryClearview Capital
6-Jan-15Decisiv Email (From Recommind)NetDocuments
5-Jan-15Informative Graphics Corporation (IGC)OpenText
31-Dec-14Image Engine (Investment)BeyondRecognition (Investor)
22-Dec-14Turnstone SolutionsLDiscovery LLC
20-Nov-14CS Disco (Investment)Bessemer Venture Partners, LiveOak Venture Partners, Private Investors$10,000,000
17-Nov-14RenewData (Merger) (Investment)LDiscovery LLC (Merger) (Investor)$40,000,000
10-Nov-14Hudson Global, Inc. (eDiscovery Assets)DTI$23,000,000
3-Nov-14Evidence ExchangeAlixPartners
17-Oct-14Strategic Document SolutionsD4 LLC
16-Oct-14TrialGraphixResonant Legal Media
16-Oct-14Falcon DiscoveryDTI
9-Oct-14Discovery Services LLCeTERA Consulting
8-Oct-14Flash Data SolutionsLDiscovery LLC
7-Oct-14Responsive Data SolutionsAdvanced Discovery
2-Oct-14Fontis InternationalIron Mountain
24-Sep-14Rand Secure Data (Zovy)Alta Equity Partners
17-Sep-14DW Legal (Investment)BeyondRecognition (Investor)
28-Aug-14TechLaw SolutionsUBIC, Inc.$8,400,000
19-Aug-14DTI (Recapitalization)OMERS Private Equity
16-Aug-14DruvaSeries D Funding (Sequoia Capital, Nexus Venture Partners,Tenaya Capital)$25,000,000
16-Aug-14Advanced Discovery (Investment)Trivest Partners
8-Aug-14C2C SystemsBarracuda Networks
16-Jun-14Clarity Litigation Support LLCIris Data Services
12-Jun-14DiscoverReady (Chapter 11 Reorg/Investment)Bayside Capital
11-Jun-14Commonwealth LegalRicoh Canada
9-Jun-14TeamConnect Legal Hold (Kiersted)Mitratech
27-May-14C:DOX (Investment)Xact Data Discovery
12-May-14AccessData Litigation Support Services (LSS)OmniVere LLC$18,000,000
7-May-14CaliforensicsCapital Digital Document Solutions
7-May-14PartnerJDTrustPoint International
18-Apr-14Smart Data ConsultingXerox
11-Feb-14Cicayda (Investment)Private$2,200,000
31-Jan-14Cicayda (Investment)Private$3,800,000
20-Jan-14ATD Legal Services Professional CorporationDeloitte
16-Jan-14Applied DiscoveryDTI
15-Jan-14CS Disco (Investment)Live Oak Venture Partners$2,000,000
14-Jan-14LT OnlineMitratech
13-Nov-13DataCluesPrecision Discovery, Inc.
24-Oct-13TERIS (Washington and California Offices)Inventus Solutions
15-Oct-13Schiefelbein Analytics LLCTechLaw Solutions
18-Sep-13RecommindSeries C Funding (SAP Ventures)$15,000,000
12-Sep-13PureDiscoverySeries C Funding (Medina Capital)$9,000,000
28-Aug-13H5Series A Funding$395,000
14-Aug-13LDiscovery LLC (Merger)AlphaLit (Merger)
21-Jun-13PLA-Litigation Solutions GroupD4 LLC
20-Jun-13In Demand Document Services, LLC (IDDS)Xact Data Discovery
20-Jun-13Inventus, LLCClearlake Capital Group, L.P.
11-Jun-13Modus eDiscovery (Investment)Harbert Management Corporation and Azalea Capital (Investment)$10,000,000
16-May-13UBIC Inc. (Investment)Initial Public Offering-NASDAQ (Investment)$104,500,000
4-Apr-13Taylor WoodingsFTI Consulting
18-Mar-13Altep, Inc. (Merger)eLitigation Solutions (Merger)
15-Mar-13AccessData (Investment)Sorensen Capital$20,000,000
15-Mar-13AccessData (Investment)Silicon Valley Bank$20,000,000
14-Mar-13Wolters Kluwer (25% Minority Interest in AccessData)AccessData
6-Mar-13Resonate KTOpenText
4-Mar-13eDirect Impact LLC (Merger)Elijah Ltd. (Merger)
19-Feb-13First to FileCPA Global (Cinven)
6-Feb-13Preferred ImagingQuantum Discovery
9-Jan-13Everlaw (Investment)Ulu Ventures, K9 Ventures, Monumental Venture Partners$850,000
19-Dec-12StoredIQIBM
29-Nov-12Fios, Inc.DTI
28-Nov-12IdeaPlan Ltd.Workshare (SkyDox Ltd.)
1-Nov-12Peritia Data DiscoveryElite Document Technology
19-Oct-12Flash DiscoveryXact Data Discovery
9-Oct-12iEnvision TechnologyDuff & Phelps
5-Oct-12Digital ReefTransPerfect
18-Sep-12ProvidusDTI
17-Sep-12Arkovi BackupsRegEd
13-Sep-12Market Counsel (MailBanc Messaging Unit)Global Relay
11-Sep-12WorkshareSkyDox Ltd.
6-Aug-12StoredIQ (Investment)Private (12 Investors)
2-Aug-12On Target Litigation SolutionsD4, LLC
1-Aug-12K&B Document TechnologiesXACT Data Discovery
19-Jul-12OrcaTec (Investment)Private
2-Jul-12Lateral DataXerox$30,000,000
26-Jun-12AdamsGraysonHuron Consulting Group$31,500,000
25-Jun-12IE DiscoveryDeloitte Financial Services
13-Jun-12Black Letter DiscoveryTrustpoint International
13-Jun-12Data ForteDocument Technologies, Inc.
12-Jun-12AscertusHuron Consulting Group
6-Jun-12Landmark Legal SolutionsFlex Discovery
4-Jun-12Sanction SolutionsLexisNexis
29-May-12Sight, Sound & SelectionSuperiorGlacier
23-May-12Intelligent Discovery Management (IDM)SuperiorGlacier
16-May-12Equivalent Data (Investment)Trinity Hunt
15-May-12N-Tier DiscoveryRVM Enterprises, Inc.
10-May-12Excelerate (Merger)TrustPoint International (Merger)
1 - May - 12RenewData (Investment)ABS Capital Partners, CIBC (Investor)
1-May-12EasyLinkOpenText$310,000,000
18-Apr-12Omega Legal TechnologiesAderant
10-Apr-12Catalyst Repository Systems (Investment)FTV Capital$37,000,000
6-Apr-12CRGTransPerfect Legal Solutions
28-Mar-12Ediscover-eRVM
22-Mar-12Lighthouse eDiscovery (Investee)Union Bay Capital (Investor)$3,000,000
20-Mar-12DLR LegalFirst Advantage Litigation Consulting
19-Mar-12ISYS SearchLexmark$35,000,000
19-Mar-12NolijLexmark$35,000,000
15-Mar-12Detroit Legal ImagingD4, LLC
14-Mar-12CaselawgNavigant
13-Mar-12Applied Technology Group LLCAderant
6-Mar-12Ivize (Merger)Modus, LLC
6-Mar-12Modus, LLCAzalea Capital
13-Feb-12AptaraiEnergizer Limited
7-Feb-12CaseCentralGuidance Software$17,100,000
20-Jan-12NextPageProofPoint
18-Jan-12CPA GlobalCinven$1,450,000,000
16-Jan-12LiveOfficeSymantec$115,000,000
6-Jan-12Applied DiscoverySirus Capital$95,000,000
28-Dec-11De Novo LegalEpiq Systems
2-Dec-11Document Technologies, Inc. (Recapitalization)Harvest Partners
26-Oct-11e-DocuplusFlex Discovery
12-Oct-11RiverGlassAllen Systems Group (ASG)$68,000,000
30-Sep-11LDiscovery (Recapitalization)Westview Capital Parters
8-Sep-11Firefly DataworksiControl ESI
1-Sep-11CP Document TechnologiesAdvanced Discovery Services
1-Sep-11Bridge City LegalDTI
18-Aug-11AutonomyHP$11,700,000,000
25-Jul-11ACT Litigation ServicesDiscoverReady$65,000,000
19-Jul-11Ignited DiscoveryNavigant
25-Jun-11United Lex (Investment)Sequoia Capital, Helion Venture Partners, Canaan Partners$17,000,000
9-Jun-11eDiscovery ForensicsMcCann Investigations
7-Jun-11ProdianceMicrosoft
31-May-11CataphoraE&Y
19-May-11Clearwell SystemsSymantec$390,000,000
17-May-11Nuix (Investment)Maquarie Capital Group
16-May-11Iron MountainAutonomy$380,000,000
4-Apr-11Encore Discovery SolutionsEpic Systems$100,000,000
1-Apr-11LECG Legal Technology PracticeHuron Consulting Group
22-Mar-11Vertica SystemsHP
15-Feb-11Everlaw (Investment)K9 Ventures$655,000
31-Jan-11iFrameworkWave Software
23-Dec-10First AdvantageSymphony Technology Group$265,000,000
18-Dec-10Pangea3Thomson Reuters
7-Dec-10Unlimited Discovery GroupDTI
6-Dec-10Capitol Discovery ServicesIris Data Services
4-Nov-10Trilantic InternationalHuron Consulting Group
13-Oct-10PSS SystemsIBM$65,000,000
5-Oct-10Serengeti LawThomson Reuters
30-Sep-10Stroz Friedberg (Investment)New Mountain Capital Group$115,000,000
20-Sep-10Daticon EEDDTI
13-Jul-10CaseLogistixThomson Reuters
29-Jun-10DaegisUnify Corporation$37,500,000
9-Jun-10CA (Information Governance)Autonomy
7-Jun-10KrollAltegrity$1,130,000,000
10-May-10Tableau LLCGuidance Software$12,300,000
9-May-10CT SummationAccessData
4-May-10American Data ServicesAdvanced Discovery Services
26-Apr-10Inference DataDOAR Litigation Consulting
22-Feb-10Mimosa SystemsIron Mountain$112,000,000
14-Jan-10Array Technology Group LLCU.S. Legal Support
6-Nov-09DiscoverReadyDolan Media
1-Oct-09Anacomp (France)Techtrek Limited
1-Sep-09Kazeon SystemsEMC
1-Aug-09Digital MandateRenewData
5-May-09InBoxerSafecore
16-Apr-09AXS-OneUnify Corporation$8,000,000
5-Apr-09Anacomp (UK)Formscan
24-Feb-09LuciData, Inc.Juritek.net LTD
10-Feb-09Black Letter DiscoveryCallidus Holdings (Milestone Partners)
5-Feb-09ONSITE3Integreon
22-Jan-09InterwovenAutonomy$775,000,000
5-Jan-09OrchestriaCA
5-Jan-09Focus SolutionsContinuum Worldwide
17-Nov-08MessageLabsSymantec
29-Aug-08Access LitigationEdmond Scientific
27-Jul-08Lexalytics, Inc.Infonic
24-Jul-08Discovery MiningInterwoven
8-Jul-08DaticonElectronic Evidence Discovery
24-Jun-08FortivaProofpoint
10-Jun-08Attenex (Merger)FTI Consulting$88,000,000
3-Jun-08Datum LegalIntegreon
2-Jun-08Midnight RunOrange Legal Technologies
25-Apr-08Message OneDell
31-Mar-08Tower SoftwareHP
7-Mar-08DocuityStroz Friedberg
14-Jan-08Barrasso ConsultingDeloitte
12-Feb-08Lighthouse Global TechnologiesAtempo
12-Feb-08EstorianTeraCloud
6-Dec-07MetaLINCSSeagate Technology
3-Dec-07VontuSymantec$350,000,000
31-Oct-07StratifyIron Mountain$158,000,000
18-Sep-07TrialGraphixKroll Ontrack
3-Jul-07ZANTAZAutonomy$375,000,000
25-Jun-07Accutrac Software, Inc.Iron Mountain
18-Jun-07Intralinks (Investment)TA Associates (Investor)
6-Jun-07Image Capture Engineering, Inc.Lexis Nexis
1-Jun-07DolphinSearchXiotech
31-May-07SyngencePrivate Investment Group
30-May-07CaseLogistixAnacomp
1-Mar-07LextranetMerrill Corporation
20-Nov-06EngeniumKroll Ontrack
6-Oct-06CaseDataOce Business Services
28-Sep-06LiveNoteThomson
18-Sep-06Whitmont Legal TechnologiesTechbooks
10-Aug-06FileNetIBM$1,600,000,000
1-Aug-06Document Review Consulting ServicesHuron Consulting Group
1-Aug-06Aaxis TechnologiesHuron Consulting Group
24-Jul-06DataflightLexisNexis
24-Jul-06CaseSoftLexisNexis
12-Jul-06D-M Information SystemsEsquire Litigation Solutons
9-Jul-06MDY GroupCA
14-Jun-06AmiciXerox$174,000,000
25-May-06SPI TechePLDT
4-Apr-06Ibis ConsultingPitney Bowes$67,000,000
31-Jan-06IbasKroll Ontrack$45,000,000
24-Jan-06BowneIntegreon
18-Jan-06DaticonXiotech
17-Nov-05nMatrixEpiq Systems$125,000,000
17-Oct-05IluminCA
1-Jul-05RealLegal Litigation Technology DivisionLiveNote, Inc.
10-Jun-05NikuComputer Associates$350,000,000
23-Feb-05Ringtail Solutions GroupFTI Consulting$35,000,000
16-Dec-04VERITAS SoftwareSymantec$13,500,000
1-Dec-04Summation Legal TechnologiesWolters Kluwer
18-May-04KrollMarsh & McLennan
24-Feb-04KVSVERITAS Software$225,000,000
1-Nov-03Lex Solutio (Phoenix)Frontenac (Chicago)$23,000,000
11-Jul-03Applied DiscoveryLexisNexis$95,000,000
2-Apr-02ONTRACK Data InternationalKroll$121,000,000
5-Nov-01CourtLinkLexisNexis

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Source:  Publicly Available Research/Press Releases

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