Industry News
ILTA Conference.
Arbor Ridge Partners will be in Las Vegas the week of August 23rd for the ILTA Conference. If you are interested in learning about the current state of Legal Technology & Legal Services M&A, please email [email protected] or use the following form to schedule a confidential and free consultation with Arbor Ridge Partners before, during, or after the conference.
Recent Legal Technology & Legal Services M&A Activity
May 5, 2021. Gimmal acquires Sherpa Software
Gimmal LLC, a provider of information governance software solutions, has announced that Sherpa Software, LLC, a Pittsburgh-based enterprise data governance and eDiscovery solutions provider, has merged into Gimmal, effective as of May 4, 2021. With Sherpa, Gimmal adds full data governance and eDiscovery capabilities to the Gimmal Discover product suite…..
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May 17, 2021. Sandline Discovery Acquires 24legal
Sandline Discovery, a U.S. based eDiscovery and managed services provider, has acquired German IT consulting company 24legal.
Based in Frankfurt, Germany, 24legal provides consultation, implementation and management of document management platforms such as NetDocuments and iManage, as well as law firm management platforms like CLIO PMS. The addition of these offerings to Sandline’s product suite gives the combined company a portfolio of solutions that covers the full Electronic Discovery Reference Model (EDRM) from information governance through production and presentation…..
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May 27, 2021. Relativity Acquires Text IQ
Relativity, a litigation review technology company, today announced that it has acquired Text IQ, an AI company applying artificial intelligence (AI) to identify sensitive data. Text IQ leverages unsupervised machine learning (ML), graphical modeling, social network analysis (SNA), natural language processing (NLP) and deep learning to create AI solutions to manage and mitigate risks in enterprise data. Text IQ’s AI helps to lower the cost and risk of legal privilege review, speed up and increase the accuracy of data breach response workflows, and quickly identify and manage personally identifiable information (PII) which are often associated with Global Data Protection Regulation (GDPR) and Data Subject Access Requests…..
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July 1, 2021. Litera acquires UK-based Objective Manager
Litera, a legal technology solutions company, today announced it has completed the acquisition of UK-based Objective Manager, a SaaS strategic planning and performance platform for the legal market. Objective Manager is a multi-tenant SaaS platform for strategic planning, performance management, and talent engagement in law firms. It enables firms to accelerate their strategic and performance agenda by aligning their people to the firm’s strategic objectives. Objective Manager advances Litera’s journey to help law firms leverage powerful data insight that informs intelligent and differentiated strategic firm plans, client plans, and people strategies…..
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July 7, 2021. IPRO Acquires ZyLAB
IPRO, an eDiscovery and Information Governance software company for corporations, government agencies, and legal partners, announced the acquisition of ZyLAB, creators of the ZyLAB ONE and ZyLAB Legal Hold products. The combination provides IPRO’s clients with extended capabilities in legal hold automation, advanced analytics, and cloud capabilities.
ZyLAB’s fully automated notifications and custodian acknowledgements mitigate against accidental data loss and evidence spoliation. With this acquisition, IPRO now delivers early data assessment (EDA) with real-time, hold-in-place data preservation. This simplifies legal and compliance processes, resulting in the seamless automation of organizational information governance…..
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July 8, 2021. Lighthouse acquires H5
Lighthouse, a technology-enabled ediscovery, litigation support services, compliance and information governance provider, today announced it will acquire H5, a provider of sensitive data classification, analytics and ediscovery solutions for complex litigation and regulatory compliance challenges. The investment in H5 underscores the company’s commitment to bringing innovative technology and services to its global information governance, compliance and ediscovery clients…..
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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 75 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.