M&A Deal Summary

Consilio Acquires Xact Data Discovery

On April 21, 2021, Consilio acquired information technology company Xact Data Discovery from JLL Partners

Acquisition Highlights
  • This is Consilio’s 2nd transaction in the Information Technology sector.
  • This is Consilio’s 7th transaction in the United States.
  • This is Consilio’s 1st transaction in Kansas.

M&A Deal Summary

Date 2021-04-21
Target Xact Data Discovery
Sector Information Technology
Buyer(s) Consilio
Sellers(s) JLL Partners
Deal Type Merger
Advisor(s) William Blair (Financial)
Jones Day (Legal)

Target

Xact Data Discovery

Mission, Kansas, United States
website
Xact Data Discovery is a provider of eDiscovery, data management, and managed review services for law firms and corporations. XDD helps clients optimize their eDiscovery matters by orchestrating pristine communication between people, processes, technology, and data. The company services include forensics, eDiscovery processing, Relativity hosting, and managed review. XDD has 16 offices throughout the United States and two locations in India. It offers exceptional customer service with a commitment to responsive, transparent, and timely communication to ensure clients remain informed throughout the entire discovery life cycle. Xact Data Discovery was founded in 1994 and is based in Mission, Kansas.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Consilio

Washington, District of Columbia, United States

website


Category Company
Founded 2002
Sector Software
DESCRIPTION

Consilio is an international eDiscovery and Document Review Service provider with extensive experience in litigation, antitrust, second requests, and internal and regulatory investigations. Consilio provides services in data collection, computer forensics, expert testimony, multilingual and onsite data processing, hosting, and document review. Consilio was founded in 2002 and is based in Washington, District of Columbia.


DEAL STATS #
Overall 8 of 11
Sector (Information Technology) 2 of 2
Type (Merger) 2 of 2
State (Kansas) 1 of 1
Country (United States) 7 of 8
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-30 DiscoverReady

New York, New York, United States

DiscoverReady LLC is a provider of professional services and business information to the legal, financial and real estate sectors. DiscoverReady LLC was founded in 2005 and is based in New York city.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 Adecco Group - Legal Consulting & eDiscovery Business

Zurich, Switzerland

Adecco Group's Legal Consulting & eDiscovery Business (D4 & EQ) provides legal consulting and eDiscovery (legal solutions).

Buy -

Seller(S) 1

SELLER

JLL Partners

New York, New York, United States

Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1988
PE ASSETS 5.8B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

JLL Partners, Inc. is a private equity investment firm that invests alongside management in middle-market companies. JLL prefers control investments in sectors such as healthcare services, medical products, food and consumer products, chemicals, broadcasting, transportation, automotive, industrial manufacturing, and distribution. In addition to traditional buyout transaction, JLL also seeks distressed/turnaround situations. JLL Partners was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 17 of 20
Sector (Information Technology) 1 of 1
Type (Merger) 3 of 4
State (Kansas) 1 of 1
Country (United States) 17 of 19
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 Breakwater

Austin, Texas, United States

Breakwater helps enterprises mitigate risk and gain insight from sprawling information by combining technology automation and human expertise. The company empowers governance, legal, and risk professionals to locate, access, analyze, and manage information by making data transparent and actionable. Its solutions are comprised of expert consulting, AI-infused technology, and ongoing managed services, all of which directly address the myriad challenges within information governance, disputes and investigations, regulatory compliance, privacy, and cybersecurity. Breakwater was formed in 2020 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Pioneer Bank

Austin, Texas, United States

Pioneer Bank is a bank holding company headquartered in Houston, Texas that operates community bank branches in Dallas, Houston and San Antonio, Texas. The company backs veteran bankers in each of the local markets to focus on originating low-risk commercial loans and gather core deposits from small and middle-market business customers. All branches operate under the unified “Pioneer Bank” brand. Pioneer Bank was founded in 2005 and is based in Austin, Texas.

Sell -