Merger and acquisition (M&A) activity among legal IT services firms and eDiscovery companies has remained steady in recent years.eDiscovery stands for “electronic discovery,” a civil litigation process of discovery carried out in electronic formats. This is most often encompassed by electronically stored information, or ESI, according to AIIM .ESI can include emails, instant messaging chats, documents, accounting databases, CAD/CAM files, web sites, and any other electronic information that could be relevant evidence in a lawsuit. It can also include “raw data” and “metadata,” which forensic investigators can review for hidden evidence, AIIM adds.
eDiscovery Mergers and Acquisitions: M&A Deal List
Example deals include:- July 2020: Xact Data Discovery (XDD) acquired RVM Enterprises.
- January 2020: Legility acquired Inventus.
- January 2020: Kroll acquired RP Digital Security.
- 2019: Trustpoint.One acquires Kelly Legal Managed Services.
- 2019: Backed by private equity, HaystackID acquired eTERA Consulting.
- 2016 : Franklin Data acquired Scarab Consulting.
- 2016: Special Counsel acquired of D4.
- 2016: Epiq Systems & DTI merged as part of a $1 billion deal.
