Ediscovery Consolidation: Inventus acquires Unified
Inventus LLC, a US ediscovery management practice to Fortune 1000 corporations, global law firms and government agencies backed by Clearlake Capital Group, just announced the acquisition of London based Unified OS Ltd and certain of its affiliates. The financial terms of the transaction were not disclosed.
Inventus say its acquisition of Unified marks its significant expansion into international markets and its focus on adding attorney review to its suite of services. The combined business creates an international, full legal process outsourcing (“LPO”) solution capable of servicing clients operating in multiple jurisdictions around the globe. Inventus will remain headquartered in Chicago and Trevor Campion will continue to lead the combined company as Chief Executive Officer.
“We have been keen to expand internationally and are thrilled to add Unified as the platform for that expansion as we look forward to building on their impressive history of growth and customer satisfaction,” said Campion. “Inventus is committed to expanding the global reach of our platform as we continue to focus on providing our clients with a best in class, comprehensive solution handling all phases of the discovery process.”
Unified’s leadership team will join the Inventus management team led by Campion. Unified’s operations will continue to be led by Paul Mankoo and Noel Kilby, who join Inventus as President of Inventus International and Chief Technology Officer, respectively. (Our old friend Lisa Burton, previously with Legal Inc, is the Director of Professional Services at Unified.)
“The combination of our businesses creates a global LPO practice capable of executing on all aspects of the eDiscovery process at the highest levels in any jurisdiction,” said Mankoo. “Inventus is the clear leader in technological innovation and we are thrilled to add their proprietary discovery eco-system, Luminosity, to our client offering. The combined business raises the bar in terms of operating excellence and Unified is now poised to solidify its position as a leading LPO provider in Europe.”
In 2013, Inventus was acquired by Santa Monica, CA based private equity firm Clearlake Capital Group. “Inventus and Unified have tremendous foundations as leaders in the eDiscovery sector and broader LPO market in the United States and Europe, respectively. Unified has a stellar reputation for consistently providing robust execution on highly complex litigation and regulatory matters which makes it a great fit for Inventus,” said Behdad Eghbali and Prashant Mehrotra of Clearlake. “The European eDiscovery and managed review markets are growing tremendously and we believe this acquisition uniquely positions Inventus as a leading LPO platform in the global market.” GE Capital’s TMT team provided financing to support the transaction.