Insights

Press Releases

September 03, 2019

KLDiscovery Announces Hiring of Greg Mazares to Head Global M&A Initiative and Retains Richard Simonelli of Simonelli Capital as Wall Street Communications Advisor

Seasoned executives to lead KLD M&A and IR efforts as the company transitions to the public markets. NEW YORK & MCLEAN, Va. -- KLDiscovery (“KLD”) a leading global provider of electronic discovery, information governance and data recovery ...
August 20, 2019

KLDiscovery Ranked No. 1832 on the 2019 Inc. 5000 List of “America’s Fastest-Growing Private Companies”

For the eighth consecutive year, KLDiscovery appears on the Inc. 5000, with three-year revenue growth of 222 percent. MCLEAN, Va. -- (GLOBE NEWSWIRE) -- Inc. magazine revealed that KLDiscovery is No. 1832 on its annual Inc. 5000 list, the most ...
August 19, 2019

Pivotal Announces KLDiscovery’s Record 2019 Second Quarter Results

Company achieves record quarterly revenues of $78.3 million Company records all time high adjusted EBITDA of $19.1 million Adjusted EBITDA growth leaps 22% over prior year period Company reaffirms full year guidance of $310 million in revenues and ...
July 29, 2019

Pivotal Acquisition Corp Announces Acquisitions by KLDiscovery

KLDiscovery Completes Acquisitions of Two Firms-- Strategic Legal Solutions and Compiled Accretive Acquisitions Add $12 million of Revenue in 2020 Expands KLD’s Global Customer Base and Information Governance and eDiscovery Software Offerings New ...
June 21, 2019

KLDiscovery Inc. Announces First Quarter 2019 Financial Results and Confirms 2019 Outlook

Revenue Increases 7% and Adjusted EBITDA Increases 22% Year-Over-Year MCLEAN, Va. & NEW YORK -- Pivotal Acquisition Corp. (NYSE: PVT) (“Pivotal”), a special purpose acquisition corporation, announced 2019 first quarter results of KLDiscovery ...
June 10, 2019

KLDiscovery opens new office and document review facility in Sydney, Australia

The new location strengthens KLDiscovery’s Asia Pacific presence and provides a centrally located facility for the company to service Australia with its eDiscovery offerings MCLEAN, Va., June 10, 2019 (GLOBE NEWSWIRE) -- KLDiscovery announced the ...
May 21, 2019

Pivotal Acquisition Corp. to merge with KLDiscovery in a transaction that results in a public company valued at $800 million

KLDiscovery, a leading electronic discovery and data recovery services provider, will become a publicly listed company as a result of the transaction With approximately 54% annually recurring revenue, KLD provides cloud-based services and industry ...