Recent Legal Technology & Legal Services M&A Activity
August 8, 2019. iConect Secures Deal with NewField Capital Partners.
iCONECT, a leader in legal technology / ediscovery and makers of the award winning XERA document review platform, struck a deal with NewField Capital Partners, a strategic partner who will fund continual growth and innovation for the company. NewField Capital Partners saw a strategic fit with iCONECT in a growing industry and are looking to capitalize on ediscovery industry opportunities.
September 4, 2019. XDD Acquires Beyond IT Forensics.
Xact Data Discovery, an international provider of eDiscovery, data management managed review, and legal services for law firms and corporations, announces the acquisition of Beyond IT forensics. Beyond IT, a cybersecurity and digital forensics company based in Houston, Texas.
November 11, 2019. OpenText Acquires Carbonite, Inc.
OpenText, a global leader in Enterprise Information Management (EIM), announced that it has entered into a definitive agreement to acquire Carbonite, Inc., provider of cloud-based subscription data protection, backup, disaster recovery and end-point security to small and medium-sized businesses and consumers.
January 7, 2020. Legility, Acquires Inventus
Legility, a provider of legal operations services, announced the acquisition of Inventus, an international eDiscovery and Legal Services provider with locations across Europe, Asia and North America. Following the acquisition, the two companies will combine to broaden technology-enabled services for the legal operations market, enabling access to services, expertise and technology in more locations. The companies will combine business operations in early 2020.
About Arbor Ridge Partners, LLC.
Arbor Ridge Partners is a business broker that focuses on mergers and acquisitions for Legal Technology and Legal Services companies; including, litigation support, computer forensics, eDiscovery, legal services, and software companies. With over 40+ years of combined industry experience, legal backgrounds, first-hand industry M&A experience, and deep relationships, we can help maximize value in the purchase and sale of Legal Technology and Legal Services Businesses. For additional information, please visit www.arborridgepartners.com or call 800-226-2760.