Announced
Synopsis
Pivotal Acquisition Corp, a public investment vehicle, and KLDiscovery, a leading global provider of electronic discovery, information governance and data recovery services, acquired Strategic Legal Solutions, a global provider of end-to-end eDiscovery, corporate and staffing support, and Compiled,a software tools provider. Financial terms were not disclosed. “As we move towards the closing of the merger between KLD and Pivotal, we are excited to see Chris and his team identify and execute accretive tuck-in acquisitions that will drive long term value creation for all shareholders,” said Jonathan Ledecky, Chairman and CEO of Pivotal. “A disciplined M&A strategy is a core tenet to our investment thesis and an important driver of growth for KLD. We look forward to building on this momentum and continuing to execute on KLD’s M&A strategy.”
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