US eDiscovery and cybersecurity provider TCDI is set to buy Aon’s eDiscovery practice, which Aon acquired in 2016 through the acquisition of London-founded digital forensics leader Stroz Friedberg.
The acquisition, which will expand TCDI’s reach in the UK, will include Aon’s NOMAD mobile processing platform, PHI/PII detection and post-data-breach support tools.
“For 30 years, we’ve steadily built upon our innovative, client-driven technology, and this move supports our strategy to meet our clients’ expectation to increase our expertise and technology as the markets change,” said TCDI Founder and CEO Bill Johnson. “TCDI and Aon share similar cultures and ideas about how to serve clients and take care of team members.”
“We recognize the strength and significant contributions of Aon’s eDiscovery colleagues and know they have a positive future at TCDI focused on growth,” said Aon’s Global Cyber Leader and CEO of Cyber Solutions for North America Christian Hoffman. “Aon’s leading cyber solutions business will continue to focus on solving clients’ complex cyber challenges, while establishing strong commercial relationships to deliver supplementary services at scale.”
Following close – which is expected in the next 30 days – Aon and TCDI say they plan to maintain a strong commercial relationship to support ongoing and future client engagements.
Trivest Partners, a private investment firm specializing in growth-oriented founder-based businesses, has partnered with TCDI as a minority investor since early 2020 and is involved in this transaction.