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New Deal


Announced

Completed

Carlyle-backed LDiscovery acquired Kroll Ontrack.

Financials

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software

Software

United States

Private

Acquisition

Completed

Friendly

Private Equity

Synopsis

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LDiscovery, a portfolio company of The Carlyle Group and Revolution Growth, acquired Kroll Ontrack, a provider of electronic and paper-based document discovery and computer forensic services. Financial terms were not disclosed. “By offering best-in-class eDiscovery and data recovery solutions across many market segments, Kroll Ontrack has built an impressive platform, loyal client base and a strong leadership position,” said Chris Weiler, Chief Executive Officer of LDiscovery. “With this combination, LDiscovery customers will have access to Kroll Ontrack’s global footprint, proprietary review platform and the world’s best data recovery services, while Kroll Ontrack customers will leverage LDiscovery’s proprietary suite of eDiscovery technology, including our remote collection tool, ESI processing platform, eDirect365™, and our award-winning Relativity integrations, as well as the eDiscovery industry’s most advanced and robust hosting infrastructure. There truly is a lot for our combined employee and client base to be excited about today,” said Weiler, who will become Chief Executive Officer of the combined organization.

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