TCF Capital Funding Supports Knox Capital, Maranon Capital in Recap of HaystackID LLC

Extract of article from ABL Advisor

TCF Capital Funding, a division of TCF National Bank, announced that it provided $17,800,000 in secured financing to support Knox Capital Holdings and Maranon Capital in the recapitalization of HaystackID LLC.

Boston-based HaystackID was founded in 2011 and provides a full and growing array of electronic discovery services to law firms and corporations across the U.S. and internationally.  HaystackID’s services include forensic triage, identification, and collection, data preservation, processing, and analysis, and managed review.  In the face of rapidly proliferating legal challenges presented by a constantly evolving landscape of enterprise technology, the Company’s goal is to work collaboratively with clients to lower overall spend and minimize risk while improving efficiency.  For more information, visit www.HaystackID.com.

“With this, our second such transaction in the eDiscovery space, we are very pleased to have participated with a firm as well differentiated in its market as HaystackID”, said Scott Nielsen, TCF Capital Funding Vice President.

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