Updated: eDiscovery consolidation continues apace as Altep acquired by Advanced Discovery
Independent eDiscovery provider and Relativity best in service Orange hosting partner Altep has been acquired by Advanced Discovery, an international eDiscovery and litigation support provider that in January 2016 acquired Millnet to help meet clients’ increasingly global needs.
For over 23 years, Altep has assisted Fortune 100 corporations and Am Law 100 firms with complex, data-driven eDiscovery initiatives. Additionally, Altep specialises in data incident investigation and response and has an innovative technology for predictive risk assessment: Riskcovery.
“Our companies have a shared history of developing our people as expert advisors and investing in technology for client innovation,” says Roger Miller, president and CEO of Altep. “Advanced Discovery values our expertise, understands the importance of our strong, long-term client relationships and is committed to building on our unified mission to help clients find what matters, when it matters.”
“The convergence of eDiscovery and GRC [governance risk and compliance] is accelerating,” states Jim Burke, CEO of Advanced Discovery. “Altep increases our core business scale and advances our ability to help manage clients’ broader compliance risks. That’s what our clients require, and that’s why we continue to invest in our people and push our technology to identify and mitigate risk.”
Jonathan Maas, managing director of The Maas Consulting Group, said: “I can completely understand the need for international eDiscovery companies wanting to match the global footprint of their global clients or prospects. This also makes sense in light of the increasing awareness of the real importance of keeping personally identifiable information secure, thanks, in the main, to the imminent GDPR penalty period opening up on 25 May 2018. However, I am worried that this is increasingly all about the money to be made in eDiscovery rather than the quality of the service offered to those who unfortunately need these services. I would like to see the courts, lawyers and corporations think intelligently about what discovery should really look like in today’s environment of eye-watering volume. I’ve said it before, and I’ll say it again: I think the convergence of the GDPR (a truly global phenomenon) and the sheer volume of data – and cost – in play will be the kick information governance has needed for a decade.”
Julia Chain, who joined Millnet/Advanced Discovery in March as UK managing director told Legal IT Insider: “Happy to say we are delighted – this acquisition makes a very valuable addition to our UK tool kit as well as the US and we are very excited at the potential this acquisition brings. Tim LaTulippe from Altep is based in the UK and joins the Millnet team and he is an expert in the Riscovery solution which we know will be of real interest to our clients.”
The move comes as kCura moves prepares to launch its own SaaS eDiscovery platform RelativityOne, which will be available in Azure in the summer of 2017.