Industry News
Recent Legal Technology & Legal Services M&A Activity
August 2, 2021. Cobra Acquires Digital Discovery
Cobra Legal Solutions, a legal support services company, has acquired digital forensics and data collection company, Digital Discovery. Based in Dallas, the team at Digital Discovery adds upstream evidence collection, forensic investigations, and cyber incident response capabilities to further augment Cobra’s eDiscovery and data breach services.…Read More
August 10. 2021. Litera Agrees to Acquire Kira Systems
Litera, a legal technology solutions company, announced that it has agreed to acquire Kira Systems (“Kira”), a contract review and analysis software company. Founded in 2011 and based in Toronto, Canada, Kira is a provider in contract analysis software for law firms, helping lawyers to analyze more documents with greater efficiency and accuracy.
As part of the acquisition, Insight Partners, an investor in Kira Systems since August 2018, will further its investment in Kira, becoming a minority investor in Litera. Hg, a global software and services investor will remain the majority investor in Litera. Hg first invested in Litera in 2019….Read More
August 18, 2021. Morae Acquire Adaptive Solutions
Morae Global Corporation, a legal services business announced the acquisition of Philadelphia-based information management provider Adaptive Solutions, Inc. (“Adaptive”). The acquisition strengthens Morae’s existing North American delivery and support capabilities for its comprehensive array of technology offerings and legal managed services designed to enable law firms, legal departments, and compliance functions to manage their cost, information, and risk….Read More
August 25, 2021. CloudNine Acquires ESI Analyst
eDiscovery technology company CloudNine announced the acquisition of ESI Analyst, the emerging standard for modern file types such as mobile, chat, social media, text, computer activity, financial data, and more. The acquisition affirms CloudNine’s recent announcement to invest in the development of additional, high value product offerings for its customers and the broader market to reduce costs and risk.…Read More
August 31, 2021. Frontline Managed Services Acquires LogicForce
Frontline Managed Services, a provider of managed services geared for the legal industry, announces the acquisition of LOGICFORCE, a legal IT consulting service with over 23 years of experience representing hundreds of middle market and large law firms across the country. Through this acquisition, Frontline Managed Services adds 50 professionals to its IT Managed Services staff, bringing the organization to more than 750 employees.…Read More
September 1, 2021. Onit Acquires Bodhala
Onit, Inc., a provider of legal enterprise workflow and artificial intelligence platforms and solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that it has acquired Bodhala, an AI-powered legal spend analytics, benchmarking and market intelligence solution…Read More
September 8, 2021. Clio Acquires LawYaw
Clio, a provider of cloud-based legal technology, announced its acquisition of Lawyaw, a San Francisco-based company developing innovative digital workflows for legal documents. As part of the acquisition, Lawyaw’s team will join Clio to continue their work connecting and streamlining information gathering, automated document generation, and e-signatures for legal professionals…Read More
September 9, 2021. UnitedLex Acquires Blackstone Discovery
UnitedLex, a technology and legal services company, today announced its acquisition of BlackStone Discovery, an eDiscovery technology provider based in Silicon Valley. BlackStone’s offerings include services in forensics, eDiscovery, investigations and incident response, trial support, managed review, and more. BlackStone Discovery’s consulting team aims to help clients reduce eDiscovery costs, mitigate data risks, and improve litigation outcomes. BlackStone works with Fortune 500 technology and law firms as clients…Read More
September 14, 2021. Consilio Acquires Special Counsel’s Discovery, Consulting Units
Consilio, an eDiscovery, document review, risk management, and legal consulting services company, announced today it has entered into a definitive agreement to acquire the Adecco Group’s D4 and EQ, the legal consulting and eDiscovery (“legal solutions”) business of Special Counsel. The Adecco Group will retain the legal staffing and legal permanent placement units of the Special Counsel business which will be transitioned to LHH Professional Recruitment as part of its global Talent Solutions transformation. The acquisition of the business units continues to expand Consilio’s expertise particularly in the areas of document review, legal process outsourcing, and Cyber Incident Response….Read More
September 22, 2021. Mitratech Acquires Alyne
Mitratech, a provider of legal and compliance software, today announced the acquisition of digital governance, risk management and compliance platform provider, Alyne. Alyne leverages next-generation artificial intelligence to connect corporate legal and compliance functions, empowering professionals on both sides to assess, monitor, report, and act on all relative risks within the enterprise, including ESG management….Read More
September 29, 2021. Onit Acquires BusyLamp
Onit, Inc., a provider of enterprise workflow and artificial intelligence platforms and solutions, including enterprise legal management, contract lifecycle management and business process automation, today announced that it has acquired BusyLamp, a provider of legal spend and matter management software for European corporate legal departments..…Read More
October 27, 2021. Nextpoint Acquires WarRoom from LaunchPad Lab.
Nextpoint, a cloud-based eDiscovery and Litigation support software platform acquired WarRoom from LaunchPad Lab. WarRoom was launched in 2008 to address the needs of litigators by delivering a user-friendly, cloud-based deposition transcript repository….Read More
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 legal software companies. With over 100 years of combined industry experience, legal backgrounds, first-hand industry M&A experience, and deep relationships, Arbor Ridge Partners maximizes 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.