Industry News
ILTA. Arbor Ridge Partners will be in Orlando the week of August August 21st for ILTACON. If you are interested in learning more 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
March 13, 2023. TransPerfect Enhances Acquires JetExport E-Discovery
TransPerfect Legal Solutions a provider of e-discovery and litigation support solutions for law firms and corporate legal departments, today announced its acquisition of the JetSuite legal technology tools, including the JetExport technology. JetExport is part of JetSuite, an array of tools designed to simplify document processing, production, and search….Read More
March 20, 2023. Reveal Acquires Ligl
Reveal, an AI-powered eDiscovery platform, announced today the acquisition of LIGL, a provider of a cloud-based digital evidence and lifecycle management platform. The purchase of LIGL allows Reveal to integrate the SaaS-based legal hold, evidence collection management and eDiscovery workflow automation technology directly onto its Reveal 11 platform….Read More
March 21, 2023. JLL Launches Repario
Backed by JLL Partners, and in conjunction with Arbor Ridge Partners, Repario, a new eDiscovery and digital forensics company, has integrated four eDiscovery service providers, Teris, Modus, Elijah, and Meta-e, to scale their dedicated levels of client service. These companies each bring a unique skillset that is highly accretive to the others and together will deliver all services across the litigation and investigation lifecycles. The strategic partnership between JLL Partners and the Repario leadership team, focuses on driving the company to the forefront of client service. …Read More
March 15, 2023. iCONECT Solidifies Relationship with Strategic Funding Partner NewField Capital
iCONECT, a leader in the development of innovative legal technology and eDiscovery software and makers of the award winning iCONECT platform, today announced an investment by NewField Capital Partners that will fund continual growth and innovation for the company. NewField Capital Partners originally invested in iCONECT in 2019 and have now converted to an equity position to lead strategic initiatives within industry verticals beyond the legal vertical.….Read More
April 4, 2023. vLex and Fastcase merge.
vLex and Fastcase, two legal technology companies, announced today that they are merging to form a large law firm subscriber base with more than one billion legal documents from more than 100 countries. As part of the merger, Oakley Capital and Bain Capital Credit are investing in the combined business to expand its global reach and accelerate the company’s legal artificial intelligence (AI) lab, which develops AI tools that streamline research, tracking, writing, and filing documents for the legal industry.….Read More
May 23, 2023. Nuix Acquires Rampiva
Software company Nuix has entered into an agreement to acquire Rampiva (Rampiva Global, LLC and Rampiva Technology, Inc.), a workflow automation and job scheduling software provider. Rampiva is a long-term technology partner of Nuix, founded in 2016 to meet the needs of Nuix customers who wanted to achieve greater productivity by automating their data processing tasks….Read More
June 6, 2023. TransPerfect Legal Solutions Acquires eDepoze
TransPerfect Legal Solutions (TLS), a provider of e-discovery and litigation support solutions for law firms and corporate legal departments, today announced its acquisition of the electronic exhibit-sharing platform eDepoze. The acquisition of eDepoze supplements TransPerfect Legal Solutions’ deposition services offerings and provides clients with an electronic exhibit-sharing platform that simplifies workflows for examination before trial (EBT) requirements, including remote and in-person depositions. eDepoze is integrated with Zoom and provides users with a centralized location to store their exhibits and present them during depositions and hearings in litigation, arbitration, and other legal proceedings….Read More
June 26, 2023. Thomson Reuters Acquires Casetext
Thomson Reuters Corporation (“Thomson Reuters”) (NYSE / TSX: TRI), a content and technology company, today announced it has signed a definitive agreement to acquire Casetext, a California-based provider of technology for legal professionals, for $650 million cash. The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives, including a commitment to invest more than $100 million annually on AI capabilities, the development of new generative AI experiences across its product suite, as well as a new plugin with Microsoft and Microsoft 365 Copilot for legal professionals. Founded in 2013, Casetext uses advanced AI and machine learning to build technology for legal professionals, creating solutions that help them work more efficiently and provide higher-quality representation to more clients.….ReadMore
About Arbor Ridge Partners
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.