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.
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.