Wednesday, March 21, 2018
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Excerpt: Two major e-discovery companies, Consilio and Advanced Discovery, today announced their merger to form a combined operation that will consist of over 2,500 employees, 14 data centers and 23 document review facilities in 11 countries.
The merger includes a new partnership with GI Partners, a private equity firm based in San Francisco. Under the terms of the partnership, GI Partners will take a majority position in the combined companies, and current investors, Shamrock Capital Advisors and Trivest Partners, will exit their respective positions.