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Arbor Ridge Partners advises QUiVX on its Sale to Xact Data Discovery

Recent Legal Technology & Legal Services M&A Activity

Chicago, Illinois – February 13, 2019: Arbor Ridge Partners, a leading M&A advisory firm for the legal technology industry, is pleased to announce that our client, QUiVX, has sold its forensics, review and eDiscovery business units to Xact Data Discovery (XDD), an international provider of eDiscovery, data management and managed review services for law firms and corporations. QUiVX will continue to operate its paper discovery business under the QUiVX brand.

“QUiVX is excited to join forces with XDD to provide advanced eDiscovery and litigation support services to our clients in northern California, leveraging XDD’s advanced technologies and robust ecosystem,” said QUiVX CFO Clem Elgazzar. “Arbor Ridge Partners was instrumental in making this deal a reality. Their exceptional industry knowledge, communication, and guidance throughout the entire process was invaluable.”

Bob Polus, XDD President and CEO states:

As we continue to expand business operations on the west coast, combining forces with the QUiVX team further empowers our ability to provide advanced eDiscovery and litigation support services to our clients in northern California. Arbor Ridge Partners’ impeccable work allowed for a smooth transaction. They possess a wealth of industry experience and knowledge, and we look forward to working with them again on future deals.

Arbor Ridge Partners served as the exclusive financial advisor to QUiVX and arranged this transaction.

About Arbor Ridge Partners, LLC.

Arbor Ridge Partners is a business broker and M&A advisory service provider that focuses on mergers and acquisitions for legal software, litigation support, computer forensics, and eDiscovery companies. With a unique blend of industry experience, legal backgrounds, and relationships, Arbor Ridge Partners helps maximize value in the purchase and sale of legal technology businesses. For additional information, please see www.arborridgepartners.com, email [email protected] or call 800-226-2760.

About QUiVX

QUiVX (www.QUiVX.com) is based in Walnut Creek, California, and its services span the entire EDRM including eDiscovery, forensics, review, analytics, hosting, consulting and trial preparation. The newly integrated forensics, eDiscovery and review QUiVX team will continue to operate in the bay area under the XDD brand.

About Xact Data Discovery

Xact Data Discovery (www.xactdatadiscovery.com) is a leading international provider of eDiscovery, data management and managed review services for law firms and corporations. XDD helps clients optimize their eDiscovery matters by orchestrating pristine communication between people, processes, technology and data. XDD services include forensics, eDiscovery processing, Relativity hosting and managed review. XDD has 16 offices throughout the United States and two locations in India. XDD offers exceptional customer service with a commitment to responsive, transparent and timely communication to ensure clients remain informed throughout the entire discovery life cycle.

Arbor Ridge Partners advises Esquify on its Sale to Xact Data Discovery

Recent Legal Technology & Legal Services M&A Activity

Chicago, IL — December 6, 2018 — Arbor Ridge Partners is pleased to announce that our client, Esquify, has been acquired by Xact Data Discovery, a leading international provider of eDiscovery, data management and managed review services for law firms and corporations. Esquify is the developer of award-winning AI-driven workforce management software for legal review that pairs machine learning technology with real-time analytics to revolutionize the management of review teams.

“We’re beyond excited to be bringing our AI innovations to XDD’s vast client base and launching our award-winning, 21st century technology to a wider audience,” said Drew Stern, Esquify CEO. “We valued the expertise that Arbor Ridge Partners brought in helping us identify a buyer who is a great fit for our technology and guiding us at every stage of the process. Their deep relationships and industry knowledge was invaluable.”

Bob Polus, XDD President and CEO states, “Esquify has done a terrific job of building and bringing technology solutions to the Managed Review space. Working in conjunction with Rick Weber from Arbor Ridge Partners to vet and broker the business opportunity, the addition of Esquify to the XDD portfolio further demonstrates our commitment to redefining our industry through unparalleled customer service, proven technology and innovative thought leadership.” Arbor Ridge Partners served as the exclusive financial advisor to Esquify and arranged this transaction.

“Esquify has developed an amazing legal software application, and XDD is a great fit,” said Rick Weber, Managing Partner of Arbor Ridge Partners. Clients of both Equify and XDD will benefit greatly from this combination.

About Arbor Ridge Partners, LLC.

Arbor Ridge Partners is a business broker and M&A advisory service provider that focuses on mergers and acquisitions for legal software, litigation support, computer forensics, and eDiscovery companies. With a unique blend of industry experience, legal backgrounds, and relationships, Arbor Ridge Partners helps maximize value in the purchase and sale of legal technology businesses. For additional information, please see www.arborridgepartners.com, email [email protected] or call 800-226-2760.

About Esquify

Based in Chicago and founded in 2014, VC-backed Esquify was born out of the belief that technology could revolutionize how attorneys practice law – particularly in eDiscovery. Esquify transforms and augments review teams’ capabilities with its AI-driven workforce management platform for review. Esquify’s patented machine learning technology powers up review team performance, facilitating a more secure, productive, and quality review. Esquify’s technology generates unprecedented client savings, team efficiencies and real-time analytics, giving clients both peace of mind and tangible results. As an award-winning legal tech ‘disruptor,’ Esquify has won over a dozen awards including the Chicago Innovation Awards 2018, the US LegalTech Venture Competition 2018, and the M&A Advisor: Product of the Year 2017. Esquify’s technology has been used by AM Law 100 firms, Fortune 100 companies and many major legal service providers to power their reviewer teams. Esquify is an LGBTQ founded business.

About Xact Data Discovery

Xact Data Discovery is a leading international provider of eDiscovery, data management and managed review services for law firms and corporations. XDD helps clients optimize their eDiscovery matters by orchestrating pristine communication between people, processes, technology and data. XDD services include forensics, eDiscovery processing, Relativity hosting and managed review. XDD has 16 offices throughout the United States and two locations in India. XDD offers exceptional customer service with a commitment to responsive, transparent and timely communication to ensure clients remain informed throughout the entire discovery life cycle.

Industry Round-Up | November 28, 2018

Recent Legal Technology & Legal Services M&A Activity

September 10, 2018. Nuix Acquires Ringtail

Nuix a Legal Technology software company, today acquired the Ringtail eDiscovery software business from FTI Consulting for $55 million USD. Combining the patented processing power of the Nuix Engine across more than 1,000 file types and data formats with Ringtail’s efficient review and automation capabilities creates an end-to-end eDiscovery platform without compromise…

Read More

October 4, 2018. Clio Acquires Lexicata

Clio, a leader in cloud-based legal technology practice management software, announced today the acquisition of Lexicata, the most popular legal client intake and client relationship management (CRM) solution on the market…

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October 16, 2018. Trustpoint.One Acquires Alderson Reporting

Trustpoint.One, a leading litigation support and eDiscovery provider acquires Alderson Court Reporting, one of the nation’s most trusted and longstanding providers of deposition reporting and legal videography. The acquisition provides Trustpoint with a market-leading presence in the greater Washington, D.C. area, where Alderson is headquartered, and enhances Trustpoint’s growing national footprint…

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October 30, 2018. Consilio Acquires DiscoverReady

Consilio, a global leader in eDiscovery, document review, risk management, and legal support and consulting services, has announced it has acquired a premier eDiscovery, document review, and compliance solutions provider. The combined company will operate more than 70 offices, review centers, and data centers around the world in 11 countries…

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November 14, 2018. Elevate acquires LexPredict.

Elevate, a global provider of Litigation Support services, Litigation technology, and Legal services to law departments and law firms announced the acquisition of enterprise legal AI technology and consulting firm LexPredict. The move combines the comprehensive legal services offering of Elevate with the data science team and AI engine of LexPredict, creating more sophisticated technology-enabled solutions for law departments and law firms.

Read More

About Arbor Ridge Partners, LLC.

Arbor Ridge Partners is a business broker that focuses on mergers and acquisitions for legal software, litigation support, computer forensics, and eDiscovery 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 Businesses. For additional information, please visit www.arborridgepartners.com or call 800-226-2760.

Arbor Ridge Partners News – September 11, 2018

Recent Legal Technology & Legal Services M&A Activity

August 27, 2018. Ankura acquires Navigant’s Disputes, Forensics and Legal Technology Segment and Transaction Advisory Services Practice.

Ankura, a leading business advisory and expert services firm that leverages integrated risk management, governance, compliance, investigations, forensics, technology, turnaround and restructuring, and management consulting capabilities, today announced the completion of its acquisition of the Disputes, Forensics and Legal Technology (DFLT) segment and the Transaction Advisory Services (TAS) practice of Navigant (NYSE: NCI). The addition of the DFLT and TAS businesses to Ankura’s existing business advisory and expert services capabilities creates a unique global business advisory firm with over 1,400 employees in over 30 offices worldwide and over $500 million in revenues… Read More

August 20, 2018. iNSERViO3 acquires Copy Source One, LTD.

iNSERViO3, a privately-held, national leader in legal support services, today announced that it has acquired Copy Source One, LTD (CS1) a document management company located in Houston, TX. This combination joins two companies with deep legal services experience and a concentrated focus on client support and best-in-class quality. The company will be led by Texas native and long-time industry veteran, David Vandygriff, CEO of iNSERViO3… Read More

August 1, 2018. HighQ acquires Legal Anywhere.

HighQ is pleased to announce their acquisition of Legal Anywhere, a North American software and technology company. The two organisations are market leaders that specialise in secure, mobile enterprise collaboration and file sharing solutions for the legal industry…. Read More

July 9, 2018. Epiq acquires a majority interest in Controle, LLC.

Epiq, a global leader in the legal services industry, today announced that it acquired a majority interest in Controle, LLC, a leader in information governance services and solutions. The acquisition allows Epiq to further enhance the comprehensive suite of solutions it delivers to clients through a talented team of information governance and GDPR experts. Read More

June 8, 2018. Epiq acquires Garden City Group.

Epiq, a global leader in the legal services industry, today announced that it has acquired Garden City Group (GCG) from Crawford & Company (NYSE: CRD-A and CRD-B), the world’s largest publicly-listed independent provider of claims management solutions to insurance companies and self-insured entities. GCG provides legal administration services for class action, bankruptcy, mass tort, regulatory matters, and legal notice programs… Read More

About Arbor Ridge Partners

Arbor Ridge Partners is a business broker that focuses on mergers and acquisitions for legal software, litigation support, computer forensics, and eDiscovery 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 Businesses. For additional information, please visit www.arborridgepartners.com or call 800-226-2760.

News Alert: Arbor Ridge Partners has been invited to speak at Relativity Fest on the subject of M&A Cybersecurity Due Diligence. To schedule a meeting with us in Chicago during the conference, please email us at [email protected].