Monday, 24 October 2016

LDISCOVERY TO ACQUIRE KROLL ONTRACK

MCLEAN, Va. and NEW YORK, Oct 24 (Bernama-GLOBE NEWSWIRE) --LDiscovery, LLC, a technology-enabled eDiscovery services provider, and Corporate Risk Holdings, LLC, a global leader in diversified risk and information services and parent company of Kroll Ontrack, announced today a definitive purchase agreement under which LDiscovery will acquire Kroll Ontrack in an all-cash transaction valued at approximately $410 million. LDiscovery is a portfolio company of The Carlyle Group and Revolution Growth.

Serving 12,000 clients worldwide, including some of the world’s largest financial institutions, Fortune 1000 companies and Am Law 100 firms, the combined organization will have offices in 19 countries with approximately 1,300 employees worldwide.



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