Announced
Completed
Financials
Tags
ediscovery
Private Equity
United States
Merger
Information / Data Services
data management
Majority
Acquisition
Domestic
Friendly
Private
Single Bidder
Completed
Synopsis
Aquiline and Stone Point-backed Consilio, a provider of eDiscovery, document review, risk management, and legal consulting services, completed the acquisition of Xact Data Discovery, an international provider of eDiscovery, data management, and managed review services, from private equity firm JLL Partners. Financial terms were not disclosed. "We are very pleased to close the merger with Xact Data Discovery and to see this major milestone in our evolution come to fruition. Employees will benefit from the increased resources and scale of the combined business which will allow them to focus on what matters most – providing world-class service and solutions for our clients," Andy Macdonald, Consilio CEO.
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