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US eDiscovery Firms Discovia, Lighthouse Merge
Friday 19 May 2017

19 May 2017 - Washington, US-based ediscovery and consulting services company Lighthouse eDiscovery has merged with California, US-based ediscovery company Discovia to expand optimal use of technology for ediscovery, compliance and risk management, the company said.
Terms of the transaction were not disclosed.
The combination brings together two teams with legal and technology experience; shared histories as innovators in ediscovery automation, review efficiency solutions and best-practice workflows; and a laser focus on best-in-class quality and client experiences.
Lighthouse eDiscovery said the merger with Discovia allows for added depth and breadth to service offerings and client-facing teams to further benefit both client bases.
The company develops applications built on third-party technology, and engineers solutions based on specific client requirements.
Discovia provides electronic discovery services to corporations and law firms engaged in litigation, ITC investigations, HSR second requests and internal and regulatory investigations.
The company offers a fixed-price managed services solution, enabling corporate legal departments and law firms to gain an ediscovery function with complete cost predictability. 
Spire Capital is a private equity firm with an investment focus on lead and control investments in companies within the tech-enabled business services, media, education and communications sectors.
The firm is investing out of its third fund and has managed over USD 900m in private equity commitments since its founding. Since inception, Spire has invested in 26 platform companies and consummated over 90 add-on acquisitions.
MHT Partners is a middle market investment bank.
Details
Date Published: 19/05/2017
Target: Discovia
Country: USA
Sector: Business and Consumer Services
Type: Merger
Financing:
Status: Closed
Vendor:
Buyer: Lighthouse eDiscovery
Comment:
Terms of the deal were not disclosed

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