And another one bites the dust – more ediscovery consolidation as FRONTEO acquires Essential Discovery Inc.
FRONT just announced the acquisition of managed review provider Essential Discovery Inc. EDI is a boutique discovery firm with specialization in document review with Fortune 250 corporations and AM Law 100 clients across the United States. With review centers in San Francisco and Las Vegas, along with pop-up capabilities across the country and internationally, EDI is a strategic fit into the expansive network that FRONTEO already has in place.
“Continued growing demand for efficient, reliable and cost effective review services in primary and secondary locations enables FRONTEO and EDI to offer clients improved engagement, better project management and streamlined processes,” says Aaron Fluss, National Managing Director at EDI. “This will help us to mitigate case risk, drive increased value to law firms and corporations, and standardize review processes based on industry-best methodologies.”
“We expect a very smooth and fast transition of EDI resources and processes into FRONTEO,” says Andy Jimenez, CEO of FRONTEO USA, Inc. “Maintaining our focus on top and bottom-line growth is an important aspect of this acquisition, and our ability to quickly streamline operations and post-merger integration tasks for very rapid time-to-market is key. We look forward to joining forces.”
The combination of FRONTEO and EDI will now give the market access to an additional 150 review seats for a total of approximately 1,300 permanent seats for review projects across the U.S., in both primary and secondary markets. There are also additional seats available at FRONTEO review centers internationally for cross-border projects. All EDI staff along with its extensive roster of contract attorneys, project managers, quality controllers, and review staff will be integrated under the FRONTEO brand.
Essential Discovery Inc was advised by Bundy Group, a boutique investment bank, in the sale to FRONTEO. For more information visit http://www.fronteo.com/usa.