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New Deal


Announced

Xact Data Discovery to acquire LightSpeed Legal.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Acquisition

United States

Pending

Friendly

eDiscovery services

Digital Services

Private

Synopsis

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Xact Data Discovery, an international provider of eDiscovery, data management and managed review services for law firms and corporations, agreed to acquire LightSpeed Legal, an eDiscovery services company. Financial terms were not disclosed. "As we continue to expand business operations nationwide, adding LightSpeed Legal to the XDD family further bolsters our physical presence in the DC market. Having served the DC market for many years, the agile LightSpeed team, technology and services mix complements our mission to provide exemplary services to law firms, corporations and government agencies," David Moran, XDD President and COO.

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