Xact Data Discovery Acquired by Private Equity Firm JLL Partners
The acquisition is the latest move by private equity to support the e-discovery industry.
January 10, 2018 at 01:55 PM
3 minute read
Adding to a growing trend of acquisitions in the e-discovery industry, Xact Data Discovery (XDD) announced it has been recently acquired by New York-based private equity firm JLL Partners.
While the terms of the acquisition were not publicly disclosed, a release noted that XDD's founder and president Bob Polus, as well the company's current leadership team, will continue at the helm of the e-discovery company as it strives to grow its market presence.
In addition to its managed e-discovery data management services, XDD is best known for its BlackBar redaction tool and its XEDD e-discovery processing tool.
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