LLCP-backed BigHand completed the acquisition of Iridium Technology from Polaris Partners.

LLCP-backed BigHand, a legal technology software platform, completed the acquisition of Iridium Technology, a legal business intelligence and analytics software provider, from Polaris Partners, an investment firm. Financial terms were not disclosed. "Law firms are under continuous pressure to improve their efficiency while simultaneously growing their profitability. Our goal has always been to offer our clients the best solutions and support, so we strategically and selectively seek to join forces with acquisition partners that align to our goals and those of our customers. We look to add significant value for our customers, and that’s what makes this acquisition very exciting. The addition of Iridium gives our clients an opportunity to access a vast amount of data that will enable their firms to move from the practice of law to the business of law," Sam Toulson, BigHand CEO.