M&A Deal Summary

Advanced Discovery Acquires Altep

On May 22, 2017, Advanced Discovery acquired business services company Altep

Acquisition Highlights
  • This is Advanced Discovery’s 4th transaction in the Business Services sector.
  • This is Advanced Discovery’s 4th transaction in the United States.
  • This is Advanced Discovery’s 1st transaction in Texas.

M&A Deal Summary

Date 2017-05-22
Target Altep
Sector Business Services
Buyer(s) Advanced Discovery
Deal Type Add-on Acquisition
Advisor(s) Kenyon Group (Financial)

Target

Altep

El Paso, Texas, United States
Altep, Inc. is a provider of eDiscovery, compliance and cybersecurity. Altep assists Fortune 100 and Am Law 100 clients with data forensics, discovery management and compliance risk assessment and offers both preemptive and reactive cybersecurity services. Altep, Inc. was founded in 1994 and is based in El Paso, Texas.

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Buyer(S) 1

Buyer

Advanced Discovery

Los Angeles, California, United States

Category Company
Founded 2002
Sector Software
DESCRIPTION

Advanced Discovery is a provider of eDiscovery services and software for law firms and corporations worldwide. Its services include computer forensics, early case assessment, predictive coding, consulting, data hosting, document review and paper discovery. Advanced Discovery was founded in 2002 and is based in Los Angeles, California.


DEAL STATS #
Overall 5 of 5
Sector: Business Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: Texas M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-07 Millnet Financial

London, United Kingdom

Millnet is a provider of electronic document consultancy, processing and review. Millnet boasts a wealth of experience and an enviable client base. Working with Legal 500 firms and FTSE 100 companies, Millnet’s legal and corporate clients testify to the first class performance. The company has a global reach with local infrastructure and support, serving clients in over 60 countries worldwide. Millnet’s services are complimented by the highly skilled team of professionals. With the most highly qualified Relativity experts in the field, their primary objective is to understand the client’s needs and provide support and consultancy throughout the eDiscovery process.

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