Consilio, a portfolio company of GI Partners, has acquired DiscoverReady, a provider of legal support services.
In April 2018, GI Partners formed Consilio through the acquisitions of two legal services providers – Advanced Discovery, a portfolio company of Trivest Partners, and Consilio, a portfolio company of Shamrock Partners and Trinity Hunt.
Today, Consilio is a provider of eDiscovery, document review, risk management, and legal consulting services to multinational law firms and corporations. Consilio operates through a family of companies including Advanced Discovery, Altep, Millnet Document Services, and Legal Placements Inc. The company has extensive experience in litigation, Hart-Scott-Rodino second requests, internal and regulatory investigations, eDiscovery, document review, information governance, compliance risk assessments, cybersecurity, law department management, contracts management, legal analytics, paper discovery, digital printing, as well as legal recruiting and placement. Consilio is headquartered in Washington, DC (www.consilio.com).
DiscoverReady, led by CEO James Schellhase, has 18 offices, review and data centers with a headquarters in Charlotte, NC (www.discoverready.com). The combined operations of DiscoverReady and Consilio will have more than 70 offices, review and data centers across 11 countries.
“DiscoverReady has a well-earned reputation of delivering consistently exceptional service experiences through the innovative application of advanced technologies,” said Andy Macdonald, CEO of Consilio. “This acquisition aligns well with our strategy to invest in differentiated solutions that result in a superior and consistent client experience.”
“We are incredibly excited to enhance our best-in-class eDiscovery and document review platform with Consilio’s acquisition of DiscoverReady,” said Hoon Cho, Managing Director of GI Partners. “With this year’s continuing success in integrating Consilio and Advanced Discovery, and now the acquisition of DiscoverReady, Consilio is committed to being the leading global provider of eDiscovery.”
GI Partners makes control equity investments in companies with enterprise values of $250 million to $1 billion that are active in the IT infrastructure, healthcare, software, and services sectors. In November 2017, the firm held a final closing of GI Partners Fund V LP at an oversubscribed and hard cap of $2.8 billion. GI Partners was founded in 2001 and is based in San Francisco (www.gipartners.com).
© 2018 Private Equity Professional | October 31, 2018
