Chicago, Illinois – August 8, 2019: Arbor Ridge Partners is pleased to announce that our client, iCONECT Worldwide Inc. and iCONECT Development, LLC (“iCONECT”) has entered into a deal with NewField Capital Partners, a strategic partner who will fund iCONECT’s continual growth and innovation. iCONECT is the maker of the award winning XERA document review platform and has been an industry leader in legal technology over the past 20 years.
“Arbor Ridge’s introduction of NewField brings both capital and strategic vision as we continue to grow and add some exciting new developments,” said CEO Ian Campbell. “Arbor Ridge Partners has so much first-hand experience with Legal Technology companies, that they were able to quickly understand our goals and objectives and then generate a perfect result.”
“We are extremely excited to be partnering with iCONECT to create new growth opportunities within the quickly expanding legal technology sector,” states Rob Bush, a Partner with NewField Capital Partners. “Their advanced yet intuitive software coupled with a strong management team will provide those in the e-discovery space a platform to better serve their clients.”
Arbor Ridge Partners served as the exclusive advisor to iCONECT.
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.
CONECT software has been selected for use in some of the world’s largest high-profile projects such as the ENRON investigation, BP-Oilspill, NASA-Columbia Return to Flight, FDIC-900+ Banking Investigations and most recently the creation of a public access archive for the 30,000 JFK document and audio files released by the CIA. iCONECT was recently named one of the ‘30 Fastest Growing Tech Companies 2019’ by Silicon Review. www.ICONECT.com.
About NewField Capital Partners
Newfield Capital Partners, LLC is a private alternative investment firm that provides debt, equity and operational expertise to middle market companies around the world. Their experienced team has decades of expertise in multiple industries to help Owners, Board of Directors, and Senior Management Teams solve their complex problems and assist them in building great companies. Website: www.newfieldcap.com.