Monday, May 17, 2010

Navigant Consulting Acquires Daylight Forensic & Advisory

CHICAGO, May 17, 2010 - Navigant Consulting, Inc. (NYSE: NCI) announced today that it has acquired Daylight Forensic & Advisory LLC, an international regulatory consulting and investigative firm specializing in financial investigations, AML consulting, regulatory compliance, forensic technology services, and fraud risk management. Combining Daylight Forensic & Advisory’s industry expertise with Navigant’s Disputes and Investigations practice creates a significantly enhanced global investigative service offering, and reinforces Navigant’s strong New York presence.

“This combination is clearly a case of the whole being greater than the sum of its parts,” said William M. Goodyear, Chairman and Chief Executive Officer of Navigant. “Daylight’s market leading expertise in corporate investigations and compliance around AML, FCPA and fraud risk management, combined with Navigant’s deep forensic accounting capabilities, creates a comprehensive offering in the global investigations and compliance space. This combination comes at a critical time for our clients who are facing increasing regulatory pressure and risks associated with global business transactions.”

Daylight Forensic & Advisory is headquartered in New York City and the majority of their 65 consulting professionals are based there. Daylight Forensic & Advisory was founded in 2006 by Ellen Zimiles, Chief Executive Officer, and Joseph Spinelli, Chief Operating Officer. Zimiles has more than 25 years of litigation and investigation experience, including 10 years as a federal prosecutor in the Southern District of New York. She is a leading authority on AML programs, corporate governance, regulatory compliance, fraud control and public corruption matters.

Wednesday, May 05, 2010

Advanced Discovery Services and American Data Services Merge

MOUNTAIN VIEW, Calif. - Advanced Discovery Services and American Data Services announced today that the companies have entered into a definitive agreement to merge. The combined company is well positioned to address the specific needs of today's law firms and corporate legal departments with regards to regulatory, investigatory and legal matters. Both companies provide services in electronic discovery, computer forensics, early case assessment, web hosting, document review and paper discovery.

The combined company will operate under the name of Advanced Discovery. David Vandygriff, chief executive officer of American Data Services, will be chief executive officer of the combined company. Thadd Hale, chief executive officer of Advanced Discovery Services, will be chief operating officer of the combined company, Advanced Discovery. The combined company will support nine strategic locations serving clients worldwide.

"This merger represents a huge win for our existing and future clients," said David Vandygriff, CEO of American Data Services. "Law firms and corporations need a true partner to help them efficiently and cost-effectively resolve their litigation support needs. We will build on our complementary strengths, resources, vision as well as proven track records to best partner with our clients."