M&A Deal Summary

KLDiscovery Acquires Turnstone Solutions

On December 22, 2014, KLDiscovery acquired information technology company Turnstone Solutions

Acquisition Highlights
  • This is KLDiscovery’s 2nd transaction in the Information Technology sector.
  • This is KLDiscovery’s 2nd transaction in the United States.
  • This is KLDiscovery’s 2nd transaction in New York.

M&A Deal Summary

Date 2014-12-22
Target Turnstone Solutions
Sector Information Technology
Buyer(s) KLDiscovery
Deal Type Add-on Acquisition

Target

Turnstone Solutions

New York, New York, United States
Turnstone Solutions LLC is an eDiscovery services provider. Turnstone’s clients include large regulated corporations, non-regulated companies and law firms.

Search 215,074 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

KLDiscovery

Eden Prairie, Minnesota, United States

Category Company
Founded 1985
Sector Software
Employees1,382
Revenue 346M USD (2023)
DESCRIPTION

KLDiscovery is a provider of tech-enabled information discovery and governance solutions. The Company’s solutions help clients to optimize outcomes in corporate litigation and regulatory investigations and to meet compliance requirements. KLDiscovery offers a comprehensive suite of E-Discovery services, which are powered by the Company’s proprietary technology. In addition, KLDiscovery offers select, complementary information governance solutions which allow clients to manage data in one comprehensive, unified solution. KLDiscovery was founded in 1985 and is based in Eden Prairie, Minnesota.


DEAL STATS #
Overall 2 of 10
Sector: Information Technology M&A 2 of 7
Type: Add-on Acquisition M&A Deals 2 of 10
State: New York M&A 2 of 3
Country: United States M&A 2 of 9
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-07 Flash Data Solutions

New York, New York, United States

Flash Data Solutions LLC is a provider of eDiscovery management solutions. Flash Data Solutions provides full suite of services and technology services in the Electronic Discovery Reference Model (EDRM) to a wide array of corporations and law firms.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-11 Credence

Fort Lauderdale, Florida, United States

Credence Corp. is an eDiscovery and managed services provider. Credence Corp. was established in 2005 and is headquartered in Fort Lauderdale, Florida.

Buy -