M&A Deal Summary

Proteus Acquires Novitas Data

On September 16, 2024, Proteus acquired information technology company Novitas Data

Acquisition Highlights
  • This is Proteus’ 1st transaction in the Information Technology sector.
  • This is Proteus’ 1st transaction in the United States.
  • This is Proteus’ 1st transaction in Oregon.

M&A Deal Summary

Date 2024-09-16
Target Novitas Data
Sector Information Technology
Buyer(s) Proteus
Deal Type Add-on Acquisition
Advisor(s) Arbor Ridge Partners LLC (Financial)

Target

Novitas Data

Portland, Oregon, United States
Novitas Data offers Relativity's server technology, which integrated with its scanning operation and forensic services to assist clients in identifying important data in a wide range of applications. The company's serives include e-discovery processing, e-discovery services, relativity hosting, managed review, data forensics, modeone phone collection, scanning and indexing, and trial support. Novitas Data is based in Portland, Oregon.

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Buyer(S) 1

Buyer

Proteus

Indianapolis, Indiana, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Proteus provides candid communications and sophisticated solutions with simple, transparent pricing. The company's services include information governance, e-discovery, and document review. Proteus was formed in 2015 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1