Thursday, October 16, 2014

DTI Acquires Denver based Falcon Discovery



ATLANTA, GA and DENVER, CO--Oct 16, 2014) - DTI, the largest privately held legal process outsourcing (LPO) company in the U.S. providing eDiscovery, managed services and litigation support, today announced the acquisition of Colorado-based Falcon Discovery, a legal and technology consulting and services firm specializing in discovery and litigation management. The acquisition accentuates the ongoing focus and commitment of DTI to deliver comprehensive and defensible eDiscovery, review, compliance, information management and related legal process outsourcing services to the world's leading organizations.

Falcon Discovery manages the entire eDiscovery lifecycle in-house, from preservation, collection and early case analysis through review, production and trial. Its exclusive focus on eDiscovery and compliance provides corporate clients -- and the law firms that serve them -- with a highly responsive, end-to-end process managed by a team of discovery specialists. As part of the acquisition, the Falcon team, along with this unique managed services operating model, becomes a part of DTI. Effective immediately, the newly acquired organization will be known as "Falcon Discovery, a DTI Company."

"Falcon Discovery's unique delivery model, commitment to clients and core values are very similar to DTI," said John Davenport Jr., founder and chief executive officer of DTI. "Falcon Discovery clients will benefit immediately with enhanced scale and access to the innovative technology at DTI. As a unified team, we will be able to deliver a wider and more impactful scope of support to our clients."

The Falcon Discovery leadership team will join the senior leadership team of the DTI Knowledge Solutions group led by Christopher Aronson and Jason Brennan.

"We are thrilled to be joining DTI, as they share our vision and values in delivering exceptional managed legal and technology services. The combination of Falcon with DTI is exciting news for both our team and our clients as we unite to deliver an enhanced suite of comprehensive capabilities unlike any other company in the eDiscovery industry," said Donald McLaughlin, founder and CEO of Falcon Discovery. "We were attracted to DTI because of its footprint and market-leading ESI systems as well as our shared reputation for delivering innovative high-quality service solutions that always put the client first."

As a result of the acquisition, both DTI and Falcon Discovery clients will benefit from expanded services, enhanced project management, consulting and managed review capabilities. With a combined high level of commitment and focus on client service, DTI and Falcon Discovery will succeed in helping organizations achieve new benchmarks in operational and economic performance.

The terms of the deal were not disclosed.

Friday, October 10, 2014

Microsoft to buy Israeli based Equivio for $200M

The Wall Street Journal reported on October 7 that Microsoft has signed a letter of intent to acquire an Israeli text-analysis vendor, Equivio.

The Journal said Microsoft may pay $200 million for the startup.

Equivio has been working with Microsoft technologies, including Windows XP, SQL Server and SharePoint Server, since 2006, if not earlier. The company develops text-analytics products for legal and compliance e-discovery tasks. Its main product is Zoom "a court-approved machine learning platform for the legal area."

"Zoom organizes collections of documents in meaningful ways, while quantifying and visualizing the decision space. So you can zoom out for the big picture. Or zoom in to find just what you need."

According to Equivio's web site, the company's users include the U.S. Department of Justice, the Federal Trade Commission, KPMG, Deloitte and "hundreds" of law firms and corporations. Equivio has a network of more than 80 "e-discovery service providers," the site says.

Given Microsoft's work in machine-learning, intra-company document search and governance/compliance, Equivio seems like it might be a good fit. Because of its overseas location, an Equivio acquisition would fit with Microsoft's strategy to buy companies located outside the U.S. to use up some of its overseas cash.

Microsoft officials declined to comment on the alleged acquisition.

Advanced Discovery Acquires DC Based Responsive Data Solutions



Austin, Texas -- October 07, 2014

Advanced Discovery, a leading provider of electronic discovery services and software for law firms and corporations worldwide, today announced that it has acquired Responsive Data Solutions (RDS), based in Washington, D.C.

"This is an important strategic acquisition for us, as RDS has an impressive roster of clients and a strong footprint in the e-discovery services business on the East Coast that will enhance our national reach," said David Vandygriff, CEO of Advanced Discovery. "In particular, their proprietary software tool, Xpress, will be integrated with our existing industry-leading software to provide our clients with unsurpassed efficiency, scale and overall complete and unique e-discovery solution. Moreover, we're excited to add the deep talent of the entire RDS leadership team, project managers and production staff to the Advanced Discovery family."

Responsive Data Solutions is also a respected provider of litigation support services and technical solutions to law firms and corporate legal departments of all sizes. The company offers a flexible and diverse suite of services, including forensics, e-discovery processing, review database hosting, technology-assisted review (TAR) and trial preparation, along with paper and print discovery services.

"We're very excited to enter into this agreement with Advanced Discovery, a strategic acquirer that not only shares our commitment to technology innovation and excellent customer service, but also has a complementary suite of services, with very little overlap," said Shimmy Messing, partner at RDS. "We are thrilled to partner with a team that shares a very similar culture to ours and can assist us in expanding the reach of Xpress to their clients nationwide."

Messing will assume the executive role of Chief Technology Officer at Advanced Discovery.

Built on the ubiquitous Relativity platform for electronic discovery management, RDS's Xpress allows clients to quickly have access to their data and apply a powerful culling process avoiding the cost and time associated with processing the entire data population. Xpress streamlines the entire process and puts the power of technology in the hands of our clients

Both companies are privately owned. Specific terms of the transaction were not announced.

LDiscovery Acquires New York Based Flash Data Solutions

McLean, VA -- October 08, 2014 

LDiscovery, LLC a leading provider of eDiscovery services, today announced its acquisition of Flash Data Solutions, a full service litigation support company based in New York, NY. Flash Data Solutions provides the full spectrum of services in the Electronic Discovery Reference Model (EDRM) to a wide array of corporations and law firms.

“We are excited to build on our New York and New Jersey presence with the acquisition of Flash Data Solutions. Jonathan Arbelo, President of Flash Data, has a long and distinguished career in litigation support and eDiscovery, and has done an excellent job in building a great team and developing a multitude of strong customer relationships” said Chris Weiler, President and CEO of LDiscovery.

Flash Data Solutions will maintain its brand name after joining the LDiscovery family of companies which includes AlphaLit, a full service eDiscovery company based in Ambler, Pennsylvania.

Jonathan Arbelo, President of Flash Data Solutions, said “We are thrilled to join the LDiscovery family. LDiscovery provides outstanding forensics, eDiscovery, web hosting through Kcura’s Relativity, and Managed Review services. This expansion of Flash Data Solution’s capabilities, technology, and services is something our customers will immediately leverage to their advantage”.

Monday, June 16, 2014

Iris Data Acquires Clarity Litigation Support

KANSAS CITY, June 16 2014Iris Data Services, a leading provider of discovery solutions, today announced the successful acquisition of Clarity Litigation Support. Clarity is a top discovery and litigation support firm with offices in New Orleans and Baton Rouge. Iris Data Services is a leading supplier of discovery solutions including electronic discovery, managed litigation services and document review technologies, including kCura’s Relativity, which consists of Relativity Analytics and Relativity Assisted Review. With this acquisition, Iris Data Services will strengthen its expertise in delivering premium eDiscovery solutions to clients.

“We welcome Clarity Litigation Support to our team,” said Major Baisden, Iris’ President. “This powerful acquisition gives our New Orleans customers even more support in each of our core discovery services — eDiscovery, forensics, imaging, online hosting, and attorney document review.”

“We are excited to work with the Iris team,” said Clint Shirley, former Managing Partner of Clarity Litigation Support and Iris’ new Regional Sales Director.  “Our combined resources will enhance our service offering to clients in the Southern region, giving them one company to turn to for all their discovery needs.”

Thursday, June 12, 2014

Ricoh Canada agrees to acquire Commonwealth Legal

MISSISSAUGA, ON, Jun 11, 2014 -- Ricoh Canada Inc. announced today that it has signed a definitive agreement to acquire Commonwealth Legal Inc. The acquisition is anticipated to close within the next 60 days. 

The transaction provides tremendous benefits for both organizations, and significantly impacts the quality of products and services available to Canadian customers in the litigation support services space. Commonwealth Legal will continue to service their customers as they do today, and will effectively remain unchanged from an operational perspective. 

According to Glenn Laverty, President and CEO of Ricoh Canada, "Commonwealth Legal and Ricoh Canada are an ideal fit for each other. The mark of a great acquisition is where both parties gain a competitive advantage, and are able to mutually show an immediate and positive impact. This is the exact scenario we have here." 

Commonwealth Legal is a well-respected litigation support and ediscovery provider that specializes in secure cloud-based ediscovery and archiving solutions and services with an emphasis on security, quality and defensibility. This expertise, along with their unique Managed Services offering, complements Ricoh Canada's strong reputation for Legal Document Services (LDS) - a portfolio of services that deliver Document Management/Content Management offerings, including document imaging and IT services, tailored specifically to the legal market. 

"As a division of Ricoh Canada we will be able to combine our expertise and technology solutions with Ricoh's capacity, resources, and commitment to customer service," says Karen Brookman, President of Commonwealth Legal. "We have always operated as a specialized boutique service provider to Canadian law firms, government agencies and corporations. Now as part of Ricoh Canada, a trusted Canadian company with global reach, we will deliver an unparalleled full-service offering to our clients with more ease and accessibility than ever before."

Wednesday, May 14, 2014

OmniVere Launches After Acquisition of Three eDiscovery Providers

CHICAGO, IL -- 05/13/14 -- OmniVere, a new leader in the eDiscovery industry, announced the formation of the business through the acquisition of three of the leading providers of discovery services. OmniVere is creating one of the most dynamic and fully-integrated discovery management companies in the U.S. OmniVere is uniquely positioned to provide customers with a suite of solutions to more effectively manage an organization's Legal Risk and Compliance (LRC) matters, along with providing "Big Data" analytics to better manage their business.

Headquartered in Chicago, IL, OmniVere combines the professional experience of Superior Discovery in New York City & Washington D.C.; Lighthouse Document Solutions in Houston, TX; and the Litigation Support Services division of Access Data, located in Houston, TX and Valhalla, NY. Although OmniVere is a new entity in the discovery management space, the dynamic companies that came together are each leaders in their respective areas of expertise, and allow OmniVere to continue serving existing clients while providing much more robust offerings, covering clients' needs throughout the entire e-discovery lifecycle.
 
The CEO of OmniVere, Erik Post, stated, "This will benefit our clients by reducing cost and data risk while improving customer service through its extensive footprint around North America." The company's mission "is to act as a business partner with our clients to enable them to better manage their discovery process... OmniVere will bring cutting-edge technology and innovative thinking to the legal support and discovery services market." "OmniVere: Local Service. Global Presence."

With nearly 100 people in 6 locations around the United States, including New York, Washington D.C., Illinois, and Texas, OmniVere is emerging as one of the largest integrated companies in the discovery management space. The executive team at OmniVere has deep and varied experience with all aspects of the legal technology and discovery business. The team is made up of CEO Erik Post, formerly Managing Director at Navigant; COO Kevin Byrne, formally of Navigant and Oracle USA; CFO Teresa McMahon, formerly Managing Director at Navigant and FTI; and CSO Dan Bellopede, formerly Director of Sales at Recommind. By combining experts in the various disciplines of the discovery process at the incumbent firms, the synergies will make the whole greater than the parts. OmniVere is uniquely positioned to provide services that truly encompass all aspects of litigation support, from Project Management, Review Support, and Hosting Management to Attorney Review, Production and Trial Exhibit and Document Management.

Belstone Capital advised Omnivere, LLC on the transaction. Belstone Capital is a merchant bank based in New York focused on advising and investing in privately held companies.