LDiscovery Completes Acquisition of Kroll Ontrack
McLEAN, Va. – December 9, 2016 — LDiscovery, LLC, a provider of eDiscovery, data recovery and information governance solutions, today announced it has closed the acquisition of Kroll Ontrack, LLC. Serving 12,000 clients worldwide, including some of the world’s largest financial institutions, Fortune 1000 companies and Am Law 200 firms, the united organization now has 43 offices in 19 countries with 12 data centers, 14 data recovery labs and approximately 1,300 employees.
“The closing of this transaction marks a significant milestone in our industry,” said Chris Weiler, Chief Executive Officer of LDiscovery. “As one company we have created a global leader with the ability to serve global clients through strong international reach and local eDiscovery and data recovery expertise. Our combined strengths in developing innovative technology and delivering outstanding client service enable us to help our clients solve their greatest eDiscovery, data recovery and information governance challenges.”
“Today’s data challenges require a sophisticated global approach, and the combined company is poised to provide highly streamlined solutions to clients internationally,” said Mark Williams, President and Chief Operating Officer. “Our pioneering technical heritage, global footprint, and local knowledge are cornerstones to tackling modern eDiscovery and data loss complications. We have the best combined global team in the industry, all focused on delivering an outstanding client experience.”
Together, the company offers proprietary tools that stretch across the eDiscovery spectrum, the industry’s most robust and scalable infrastructure, world-leading data recovery software and service, and unparalleled Relativity expertise: the first provider to license Relativity, a deep bench of Relativity certified professionals, and value-added integrations that include back-to-back winners of Relativity’s Best Service Provider Solution and Community Choice awards in 2015 and 2016.
As previously announced, the combined organization will be led by Chris Weiler, Chief Executive Officer, Mark Williams, President and Chief Operating Officer, and Douglas Strahan, Chief Financial Officer.
LDiscovery is a portfolio company of The Carlyle Group and Revolution Growth.
Latham & Watkins LLP served as legal advisor and RBC Capital Markets served as M&A advisor to LDiscovery, The Carlyle Group and Revolution Growth. RBC Capital Markets, TD Securities and Northwestern Mutual led the debt financing for LDiscovery in support of the transaction.
Established in 2005 and headquartered in McLean, VA, LDiscovery provides a full range of legal and technology consulting services to law firms, corporations and government agencies. Comprised of attorneys, engineers, computer forensic experts, and litigation support professionals, LDiscovery is a leader in delivering best in class end-to-end eDiscovery solutions supporting the litigation, regulatory compliance and internal investigation needs of our clients. LDiscovery provides data collection and forensic investigation, early case assessment, electronic discovery and data processing, application software and data hosting for web-based document reviews, and managed legal review services. LDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte’s Technology Fast 500) and our President, Chris Weiler, was recognized as a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, LDiscovery is an Orange-level Relativity Best in Service Partner, a Relativity Premium Hosting Partner, and its data center is ISO/IEC 27001 Certified. For more information, please email firstname.lastname@example.org or visit www.ldiscovery.com.
About Revolution Growth
Founded and led by Steve Case, Ted Leonsis, and Donn Davis, Revolution Growth invests in companies that can change the world. Its mission is to build disruptive, innovative businesses that offer consumers more choice, convenience and control in their lives. By taking a long-term approach and developing a true, hands-on partnership with entrepreneurs and management teams, Revolution Growth brings a unique strategy and passion to investing in and building significant companies. For more information, visit www.revolution.com/growth.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $176 billion of assets under management across 128 funds and 170 fund of funds vehicles as of June 30, 2016. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,650 people in 35 offices across six continents. www.carlyle.com.
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À propos de KLDiscovery
KLDiscovery fournit des services et logiciels technologiques pour aider les cabinets d’avocats, sociétés, agences gouvernementales et consommateurs à résoudre des défis complexes impliquant des données. L’entreprise, qui compte des bureaux sur plus de 40 sites à travers 20 pays, est un leader mondial en matière de solutions chefs de file eDiscovery, gestion de l’information et récupération de données pour soutenir les besoins dans le domaine des contentieux, des réglementations, des enquêtes internes et de la gestion et la récupération de données de nos clients. Offrant ses services depuis plus de 30 ans, KLDiscovery propose des solutions de collecte de données et enquêtes médico-légales, évaluation préliminaire des cas, découverte électronique et traitement de données, logiciel d'application et hébergement de données pour révisions de documents et infogérance de révisions de documents. En outre, grâce à son activité globale de récupération de données Ontrack, KLDiscovery propose des solutions de classe mondiale de récupération de données, extraction et restauration d’e-mails, destruction de données et gestion de bandes. KLDiscovery a été reconnue comme une des entreprises à la croissance la plus rapide d’Amérique du Nord par Inc. Magazine (Inc. 5000) et Deloitte (Deloitte's Technology Fast 500), et le PDG Chris Weiler a reçu le prix 2014 Ernst & Young Entrepreneur of the Year™. De plus, KLDiscovery est un partenaire certifié Relativity et gère des centres de données certifiés ISO/IEC 27001 dans le monde entier. Pour plus d'informations, vous pouvez envoyer un e-mail à email@example.com ou visiter www.kldiscovery.com.
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