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Arbor Ridge Partners advises Ricoh on the sale of its eDiscovery Services business to Array

Ricoh USA, Inc., a leading provider of integrated digital services and print and imaging solutions, today announced the sale of its eDiscovery Services business to Array, a litigation support company that provides a comprehensive suite of legal services.

Ricoh eDiscovery provides ISO 9001:2015 quality-certified evidence and document management solutions, as well as litigation support services that successfully integrate technology, defensible process, and professional services to meet the unique needs of the legal industry. With innovative solutions that deliver insight and control, Ricoh eDiscovery solutions enable organizations to make informed business decisions, discover critical information from their data at the earliest stage, proactively manage costs and mitigate risk.

The deal marks a key moment for the legal services and solutions market, enabling both Ricoh and Array to deliver more specialized services to enhance any legal team’s work. The transaction augments Ricoh’s business strategy to deepen investments in developing and delivering high-growth solutions that support and optimize the workplace experience in a hybrid environment with the scale and technical expertise customers know and trust. Array’s focus on the legal services industry and proven background in eDiscovery will also help accelerate the growth and product offering to eDiscovery customers.

Together, Ricoh and Array will continue serving the legal industry by connecting customers with their collective services across litigation imaging, court reporting, managed services, workflow solutions and more to facilitate access to a complete set of offerings that satisfy their business needs.

“This deal signifies Ricoh’s continued commitment to put our customers’ needs first and to ensure every strategic business decision we make is to their benefit,” said Carsten Bruhn, President and CEO of Ricoh North America. “In rehoming our eDiscovery business with Array, Ricoh is simultaneously strengthening the value we’re bringing to the legal industry by focusing on our deep experience in our hybrid workplace solutions and bolstering Array’s comprehensive suite of specialized legal services. This carefully considered, intentional decision is a collective win for Ricoh, Array, our customers, and the legal services industry.”

“Ricoh is a trusted, well-respected digital services leader and we are pleased to be able to deepen our litigation service offerings with the acquisition of its eDiscovery business,” said Thadd Hale, CEO of Array. “Customers will be able to benefit from our deepened expertise and eDiscovery capabilities they need to thrive in today’s market. And with this enhancement to our comprehensive portfolio of service offerings, Array is poised to become even more competitive in the legal technology solutions space.”

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

About Arbor Ridge Partners

Arbor Ridge Partners is a business broker that focuses exclusively 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.

Industry Round-Up | January 2024

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Legal Week. Arbor Ridge Partners will be in New York the week of January 29th Legal Week (NYLT). 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.

Arbor Ridge Partners is pleased to announce that Gulam Zade has joined its Team as a Strategic M&A Advisor.
Gulam has over 10 years of experience in the legal vertical as both a business operator of a legal support company and as an attorney. Gulam served as CEO of LOGICFORCE and successfully led the company through its sale in 2021. Under Gulam’s leadership, LOGICFORCE’s equity value increased 14.5x+. Gulam also has experience in private practice and is an active member of the American Bar Association as well as the Association of Corporate Counsel.

Recent Legal Technology & Legal Services M&A Activity

August 29, 2023. Reveal Acquires Logikcull and IPRO
Reveal, a provider of an AI-powered eDiscovery platform, announced today it has acquired both Logikcull and IPRO, two other eDiscovery players. Together, the three companies offer an end-to-end eDiscovery platform that addresses matters of all sizes and for all legal teams, from solo legal practitioners to the largest enterprise. The transactions, valued at more than $1 billion, were funded by Reveal’s majority shareholder and leading software investment firm, K1 Investment Management….Read More

September 5, 2023. Consilio Completes Acquisition of Lawyers On Demand and SYKE
Consilio, a legal technology solutions and enterprise legal services company, has come to an agreement to acquire Lawyers On Demand (LOD), a legal talent company, and SYKE, a legal technology consultancy headquartered in the UK. Lawyers On Demand has built a community of more than 4,500 legal practitioners providing clients with on-demand expertise to meet clients’ needs.….Read More

October 3, 2023. Repario Acquires Breakwater Solutions
Repario, a litigation support, eDiscovery and computer forensics company announced its acquisition of Breakwater, a firm that has revolutionized information governance through its transformative approach to data discovery. This acquisition establishes a combined data privacy and eDiscovery solution…Read More

October 19, 2023. Consello Capital Acquires Majority Stake in ProSearch
Consello Capital, the private equity arm of The Consello Group, announced that it has acquired a majority stake in ProSearch Strategies, a provider of tech-enabled legal services to enterprise customers, with over 200 employees and locations in the U.S., Ireland and India. ProSearch helps large enterprises navigate and resolve litigation, regulatory and privacy matters. ProSearch helps its clients manage the eDiscovery process. ….Read More

November 1, 2023. Morae Acquires Exigent
Morae Global Corporation (“Morae”), a provider of business solutions in the legal industry, today announced the expansion of its global operations and business with the strategic acquisition of UK based technology and managed legal services provider, Exigent Group Limited (“Exigent”)….Read More

November 1, 2023. Exterro Acquires Diveball
Exterro, a provider of legal governance, risk and compliance (GRC) software, today announced it has acquired Divebell, a data discovery SaaS solution. By combining Divebell’s data discovery capabilities with Exterro’s legal GRC platform, Exterro can help solve the legal, regulatory, and compliance data challenges facing corporations, government organizations and global enterprises….Read More

November 28, 2023. Epiq Acquires Mainspring
Epiq announces today that it has acquired Mainspring, a digital transformation specialist firm for contract lifecycle management (CLM) and contracts migration needs. The acquisition of Mainspring Consulting Group expands Epiq’s existing Contracts Solutions business to help clients manage contracts across people, processes, technology, and data.….Read More

December 6, 2023. Array Acquires LSi
Array, a litigation support firm, today announced the acquisition of LSi, a litigation solutions company based in Denver. In addition to eDiscovery, LSi provides trial and deposition support, document scanning, and collections and forensics services to law firms, corporate counsel, and government agencies. LSi is the second eDiscovery company Array has acquired in the past month, and the moves will enhance Array’s eDiscovery team and Array’s position in the litigation support industry with service to law firms and in-house legal departments….Read More

December 19, 2023. Pagefreezer Acquires X1 Social Discovery Application
As a leader in archiving and compliance solutions as well as the provider of WebPreserver, an online evidence-collection solution for websites and social media for law firms and investigative teams, we at Pagefreezer are excited to announce the strategic acquisition of the X1 Social Discovery product from X1 Discovery Inc….Read More

About Arbor Ridge Partners

Arbor Ridge Partners is a business broker that focuses exclusively 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.

Industry Round-Up | August 2023

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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.

Industry Round-Up | March 2023

Industry News

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Legal Week. Arbor Ridge Partners will be in New York the week of March 20th for New York Legal Tech. 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

October 24, 2022. Reveal Acquires Technically Creative
Reveal Begins Rapid Deployment of Automated Data Connectors After Acquiring Technically Creative. Acquisition fuses Technically Creative’s expert team and established technology with Reveal’s leading AI platform to collect data and deliver insights with less time and resources
Reveal, a provider of an AI-powered eDiscovery platform, announced today the acquisition of Technically Creative, a technology services company specializing in automating and unifying governance for organizations worldwide. Reveal’s investment in Technically Creative allows the deployment of a large number of data connectors to expand governance and compliance workflows within Reveal 11….Read More

December 30, 2022. Wolters Kluwer acquires Della AI
Wolters Kluwer Legal & Regulatory today announced it has acquired Della AI Ltd., a provider of artificial intelligence (AI) technology based on advanced natural language processing (NLP). This technology allows legal professionals to review contracts in multiple languages by simply asking questions. Della AI will become part of the Legal Software unit of Wolters Kluwer Legal & Regulatory, which offers LegalTech solutions such as Legisway, all-in-one software for corporate legal departments, and Kleos, cloud-based legal practice management software for law firms….Read More

January 5, 2023. MLA Acquires Legal Staffing Company Hire an Esquire
Major, Lindsey & Africa, a legal search firm, has announced that it has completed its acquisition of Hire an Esquire, a Philadelphia-based tech-driven legal staffing organization. As a result of the acquisition, Major, Lindsey & Africa will incorporate into its operations Hire an Esquire’s proprietary online platform, which analyzes candidates’ profiles and experience to match them with interim and permanent career opportunities in line with their expertise and skillset. Along with the addition of technical and market expertise of the Hire an Esquire team, the acquisition will pave the way for the continued growth of MLA’s technology-based recruiting capabilities, further strengthening MLA’s value proposition to clients and its commitment to candidate care and development.…Read More

January 19, 2023. Exterro Acquires Zapproved.
Exterro, a provider of Legal Governance, Risk and Compliance (GRC) software, has acquired Zapproved, a provider of e-discovery software known for its strong customer outcomes. This acquisition is the latest step in furthering Exterro’s vision to empower customers to proactively and defensibly manage their legal governance, risk and compliance obligations. Today, Exterro offers a comprehensive solution on a single unified platform that addresses all phases of the e-discovery and forensic investigative process. Converging market forces in privacy, digital forensics and incident response, including e-discovery have created a need for a comprehensive and unified solution that can identify, understand and manage data in a contextual manner within a consistent, defensible process that meticulously ensures and maintains data integrity….Read More

February 16, 2023. Alix Partners Acquires THM Partners
AlixPartners, a global consulting firm, today announced that it has entered into an agreement to acquire independent restructuring practice THM Partners LLP (THM). The proposed transaction will see THM’s 40 Partners and staff located in the UK, Germany and Singapore joining AlixPartners’ world leading Turnaround & Restructuring Services practice….Read More

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 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.

Arbor Ridge Partners Advises On Celerity Consulting Group’s Expansion

FOR IMMEDIATE RELEASE

Arbor Ridge Partners Advises On Celerity Consulting Group’s Expansion

February 8, 2023. Arbor Ridge Partners, the M&A advisory firm for the Legal Technology and Legal Services industry, advises on Celerity Consulting Group, LLC’s expansion with a new cybersecurity and information governance practice group. This marks the fifth deal in the Legal Technology and Legal Services industry for Arbor Ridge Partners in the last quarter.

Kenya Parrish-Dixon, now Celerity’s Vice President and Associate Counsel states, “Arbor Ridge Partners worked miracles. Joining the Celerity Consulting Group family provides our team the opportunity to further expand our ability to serve the east coast and DC market across multiple facets of the EDRM. We look forward to integrating our people, processes and clients into the Celerity family.”

Arbor Ridge Partners served as the exclusive M&A advisor and arranged this transaction.

About Arbor Ridge Partners

Arbor Ridge Partners is a business broker that focuses on mergers and acquisitions for Legal Technology and Legal Services 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.

About Celerity Consulting Group

Celerity Consulting Group, LLC is an information management consulting firm that helps
companies, law firms, regulated entities, and public agencies resolve their data management challenges, litigation risk and compliance issues, and restructuring objectives. Celerity’s key service areas include cybersecurity, FedRAMP and StateRAMP infrastructure and consulting, information governance, e-discovery and litigation support, forensic data analysis, business and engineering analysis, and expert testimony. With a focus and expertise on the essential critical infrastructure sectors, Celerity offers a range of technology solutions, including industry‐standard tools, a proprietary web‐based document review platform, OLIVER, and custom database development.

Bob Ranck Joins Arbor Ridge Partners

Arbor Ridge Partners is pleased to announce that Bob Ranck has joined our Leadership Team as an M&A Advisor.

Bob Ranck has over ten years of experience in mergers and acquisitions, providing deal sourcing and origination services in the Records and Information Management (RIM) industry. His experience includes VP, M&A Development with 2-20 Records Management, a middle market private equity portfolio company that was successfully sold in 2022, and M&A with Iron Mountain, where he had business acquisition responsibility for the Western U.S. and Canada.

Prior to M&A, Bob spent 20 years in business development and consulting in the Legal Technology and Legal Services industry with companies including: Electronic Evidence Discovery, Doculex, LIT Group, IKON, and Atlanta Legal Copies.

Bob holds a B.S. in Industrial Management from the Georgia Institute of Technology.

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. To 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 or call 800-226-2760.

Industry Round Up | October 2022

Industry News

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Relativity Fest. Arbor Ridge Partners will be in Chicago the week of October 24th for Relativity Fest. 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

August 25, 2022. OpenText to Acquire Micro Focus International
Open Text announced that it has reached agreement to acquire Micro Focus. Micro Focus is one of the world’s largest software companies and serves thousands of organizations globally.….Read More

August 29, 2022. Relativity Acquires Heretek
Relativity, a litigation document review and legal technology company, today announced that it has acquired Heretik, a contract review company that combines machine learning technology and advanced analysis to help organizations gain immediate insight into contract data. Moving forward, Heretik’s end-to-end contract review solution will be known as Relativity Contracts, enabling users to rapidly transform existing agreements into structured, actionable data. Relativity Contracts will be integrated into RelativityOne, and available as an add-on in mid-2023.….Read More

September 7, 2022. HaystackID Acquires Business Intelligence Associates (BIA)
HaystackID, a specialized eDiscovery services firm supporting law firms and corporate legal departments, today announced it has acquired Business Intelligence Associates (BIA), an end-to-end eDiscovery service provider.….Read More

September 30, Surge Private Equity Acquires Avalon
Dallas-based Surge Private Equity, LLC (“Surge”) closed Avalon Document Services, Inc., a technology-enabled services company providing edDiscovery, cybersecurity, business process outsourcing, and document services primarily to law firms and corporations….Read More

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 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 or call 800-226-2760.

Industry Round-up | August, 2022

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ILTA.
Arbor Ridge Partners will be in Washington DC the week of August 22nd for the ILTA Conference. 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

May 9, 2022. LexisNexis Announces Acquisition of Parley Pro
NEW YORK – LexisNexis a provider of information and analytics, today announced the acquisition of Parley Pro, a Contract Lifecycle Management (CLM) solution, to complement LexisNexis’ Enterprise Legal Management (ELM) platform, CounselLink. Founded in 2015, Parley Pro enables contract request, drafting, negotiation, signature, and post-signature management via a secure, cloud-based platform…
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May 16, 2022. MyCase Announces Acquisition of Docketwise
MyCase, a provider of cloud-based legal practice management software and payment services to law firms, announced that it had acquired Docketwise, an immigration software platform that serves more than 6,000 immigration practitioners. The two products now integrate to connect an immigration software application with a practice management platform…
Read More

July 5, 2022. TCDI Acquires Aon’s eDiscovery Practice
TCDI, a provider of legal services, software and cybersecurity, today announced it completed the acquisition of global professional services firm Aon’s eDiscovery practice. With the closing of the deal, TCDI adds advisory services such as information governance as well as the NOMAD mobile processing platform, PHI/PII detection and post-data-breach support tools. The colleagues in Aon’s eDiscovery practice are joining TCDI and will expand its eDiscovery practice…
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June 28, 2022. Ontra Acquires FundFormer
Ontra, a provider of contract automation and intelligence for asset managers, today announced the acquisition of FundFormer, a top electronic subscription document provider for fund managers and their investors. The acquisition will allow Ontra’s asset management customers to raise funds faster and more efficiently, while providing an investment experience for their limited partners…
Read More

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 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 or call 800-226-2760.

Industry Round-up | May, 2022

Industry News

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Recent Legal Technology & Legal Services M&A Activity

February 17, 2022. Paradigm Acquires TrustBooks
Paradigm announces the acquisition of a cloud-based accounting solution tailor-made for lawyers, TrustBooks. Launched in 2015, TrustBooks was created to simplify the legal trust accounting process for non-accountants and empower attorneys to handle their books while staying compliant with their state bar. TrustBooks’ easy-to-use platform provides users the ability to complete their trust and operating accounting needs, all in one place…
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February 24, 2022. DISCO Acquires Congruity 360’s Legal Hold, Request Automation Tools
Legal technology company, DISCO, today announced it has acquired legal workflow products Hold360 and Request360, as well as related regulatory and alert solutions, from Congruity 360, LLC. These legal workflow capabilities will integrate with DISCO’s cloud-based ediscovery platform and provide a modern, digital solution for corporate legal hold obligations and legal request compliance…
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March 3, 2022. Thomson Reuters Acquires ThoughtTrace
Thomson Reuters, a provider of business information services, has acquired ThoughtTrace, a business providing a document understanding and contract analysis platform. ThoughtTrace, based in Houston, uses pre-trained artificial intelligence and machine learning capabilities developed by industry experts to read, organize, and manage business-critical document workflows for customers…
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March 8, 2022. Empire Technologies Risk Management Group Acquires L2 Services
Empire Technologies Risk Management Group announces the company’s acquisition of L2 Services, a litigation support company with offices in Chicago and New York. The merger builds upon L2 Services’ of enterprise data management practice for corporations, law firms and government organizations…
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April 5, 2022. ArcherHall Acquires Cooper Discovery Solutions
ArcherHall today announced that it has acquired Cooper Discovery Solutions, a provider of digital forensics and electronic discovery consulting services to the legal community in Orlando, Tampa, and the surrounding region …
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May 2, 2022. ArcherHall Acquires Forensic Pursuit
ArcherHall has acquired Forensic Pursuit, a provider of digital forensics, electronic discovery, and expert witness services to law firms, corporations, and e-Discovery companies across the United States …
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May 5, 2022. Magnet Forensics Acquires Comae Technologies
Magnet Forensics has acquired Comae Technologies, a UAE-based cybersecurity company that specializes in cloud-based memory analysis used to recover evidence from the volatile memory of devices. As part of the acquisition, Comae founder Matt Suiche and his team will further develop Comae’s memory analysis platform, integrate the technology into Magnet Forensics’ solutions and will lead a memory analysis and incident response research and development team at the company …
Read More

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 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

Industry Round-up | February, 2022

Industry News

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Industry News

New York Legal Tech Arbor Ridge Partners will be in New York the week of March 7th for Legal Week. 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

October 7, 2021. iCONECT Acquires Ayfie Inspector Artificial Intelligence Codebase Gold Copy
iCONECT Worldwide Inc., a privately-held leader in legal technology and eDiscovery, today announced that effective immediately, they have reached an agreement with Ayfie Group AS of Oslo, Norway to acquire a ‘gold copy’ of the highly regarded Ayfie Inspector artificial intelligence code base including all subcomponents and patent licenses in perpetuity for an undisclosed sum. Ayfie Inspector technology uses artificial intelligence and complex algorithms to identify entities and patterns in documents and data in a way well beyond the standard regex typically found in the eDiscovery industry and document management space.…
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November 3, 2021. Smarsh Acquires Digital Safe Product Line From Micro Focus
Smarsh, enabling organizations to manage the risk and uncover the value within their electronic communications, announced today that it will acquire the Digital Safe archiving and risk management portfolio from Micro Focus following required customary regulatory approvals, expected in the first calendar quarter of 2022. The addition of the Digital Safe customer base, technology and team of subject-matter experts strengthens Smarsh’s position in Enterprise Information Archiving and accelerates execution of its global growth strategy.…
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November 3, 2021. NetDocuments Acquires Document Automation Toolkit Afterpattern
NetDocuments, a cloud content management platform where legal professionals do work, today announced the acquisition of Afterpattern, a no-code automation toolkit that law firms and legal teams use to produce hundreds of thousands of documents and workflow automations. By integrating Afterpattern into the NetDocuments platform, customers will be able to further focus on the “create” aspect of the document lifecycle and be empowered to automate documents, at scale….
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November 3, 2021. Brightflag Acquires Orrick Spinoff Joinder
Brightflag, an AI-powered legal operations platform, today announced its acquisition of Joinder, a system that legal professionals use to securely track activities, collaborate with colleagues, and store work assets. Joinder will now be known as Brightflag Workspace and form an integral part of the Brightflag Legal Operations Platform.The combination of Brightflag and Brightflag Workspace offers an end-to-end solution for legal operations, from intake to outside counsel management to strategic planning….
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November 10, 2021. Driven & Innovative Discovery Merge
Driven, Inc. (“Driven”) and Innovative Discovery, LLC (“ID”) announced today that the two companies have merged, creating an end-to-end provider of services across the information lifecycle, including information governance, eDiscovery, and managed review. The combined company will initially operate under the name Innovative Driven and will feature world-class consultants, subject-matter experts, and technology professionals, offering legal, corporate, and government clients a range of services and solutions to support their ever-evolving data management needs.…
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December 1, 2021. Epiq Acquires Simplex Services Inc.
Epiq, a technology-enabled services provider to the legal industry and corporations, announced today that it has acquired Simplex Services Inc. (Simplex), an alternative legal services provider based in Canada. Founded in 2012 by two former GE executives, Simplex, and its affiliated law firm, Simplex Legal LLP, provide flexible legal talent and tech-enabled legal services to corporate clients throughout Canada. Simplex’s offerings include interim support for in-house teams and corporations, legal tech consulting, and technology-enabled legal services for high-volume legal mandates such as financing and corporate maintenance filings.…
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December 7, 2021. Sedgwick Acquires JND Legal Administration
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, announced it has acquired JND Legal Administration (JND), a legal management and administration services provider serving plaintiff and defendant law firms, corporations and government entities across five main service lines. The acquisition will expand legal solutions offerings for Sedgwick’s clients and bolster the company’s class action administration services. JND is the leading U.S. provider of full-service class action administration, mass tort and lien resolution, eDiscovery, government redress and legal noticing services….
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December 14, 2021. Consilio Acquires Legility
Consilio, an eDiscovery, document review, risk management, and legal consulting services, announced today it has closed the acquisition of Legility, a legal services provider. The acquisition will strengthen Consilio’s enterprise legal services and flexible legal talent solutions offerings. Legility will enhance Consilio’s resources with a deepened breadth of new talent in managed review, flexible legal talent, enterprise legal solutions, eDiscovery, and investigation & litigation support to corporations and law firms of all sizes….
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January 5, 2021. Aderant Acquires American LegalNet.
Aderant, a provider of business software to law firms, announced today the acquisition of American LegalNet (ALN), a respected provider of court forms, eFiling, calendaring and docketing solutions. Aderant and ALN customers will now have access to an expanded suite of best-in-class solutions that will further enable law firms to meet the demands of their clients today while preparing for the future….
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January 11, 2022. Onit Acquires SecureDocs.
Onit, Inc., a provider of enterprise workflow solutions including enterprise legal management and contract lifecycle management, today announced that it has acquired SecureDocs, a software company for contract management, virtual deal rooms and electronic signatures. The acquisition, expands the company’s product portfolio from enterprise-level contract lifecycle management to include contract management solution for new and growing legal operations teams….
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January 18, 2022. Litera Acquires Prosperware.
Litera, a provider of legal technology solutions, announced today it has entered into a definitive agreement to acquire Prosperoware, an enterprise software company for the adoption and governance of collaboration systems. The acquisition will enable teams within law firms to collaborate more efficiently and securely when working in the office or from home….
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January 19, 2022. Mitratech Acquires Quovant
Mitratech, a provider of legal and compliance software, acquires Quovant, a solution for spend management, advanced analytics, and legal bill review. Quovant enables customers to simplify and add transparency to legal bill review processes. Through Quovant’s expert review services and technology, invoices are centralized and reviewed against an organization’s specific billing guidelines, which helps to drive improvements in efficiency and compliance. The Quovant software also delivers advanced analytics and artificial intelligence (AI) categorization capabilities….
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February 1, 2022. BigHand Acquires Iridium Technology
BigHand, a provider of operational and financial products for law firms, today announced it has acquired Iridium Technology. BigHand and Iridium have been offering complementary products and in coming together, now offer powerful insight and data into law firms financial management, operational management, resource optimization and business development. “Law firms are under continuous pressure to improve their efficiency while also growing their profitability..…
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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 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 or call 800-226-2760.