Alternative legal services provider Elevate today (28 January) announced the acquisition of 500-people-strong intellectual property research company Sagacious IP, with Sagacious co-founders Anant Kataria and Tarun Bansal joining the Elevate management team. Joining Kataria and Bansal at Elevate is a team of professionals that includes IP experts from diverse technology areas including ICT, engineering, automotive, life sciences, and chemistry.
Founded in 2008, Sagacious serves law department and law firm customers worldwide, including Fortune 500 companies and IAM1000-listed firms, in jurisdictions including the US, Europe, China and Japan. It helps them to monetise IP, defend IP litigation, and provide intelligence. It’s probably no coincidence that 2025 and beyond are expected to be big, big years for IP, given the rapid advancements in artificial intelligence.
Elevate has made a series of acquisitions over the past few years, mostly recently acquiring Redgrave Data in September 2024. Before that, in May 2024, it acquired The CJK Group, which specialises in reviewing and analysing Asian language content for litigation, investigations, and transaction-based due diligence.
“Just as with our two previous acquisitions in the previous nine months, our combination with Sagacious reflects our strategy to offer expertise and technology to innovate and transform work with a legal and business dimension that needs to be done every day, often at scale,” said Liam Brown, Elevate’s chairman and CEO. “IP is exactly the sort of critical “run-the-business” legal activity other Elevate offerings address. With IP management being increasingly important to businesses, the Sagacious expertise, capabilities, and technology will be of immediate interest to many of our existing and potential customers.”
“The IP needs of organisations do not exist in a vacuum. Rather, they are one component of overall legal and business activities,” said Kataria