Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Today, Consilio announced that it is merging with fellow e-discovery provider Xact Data Discovery, in another sign that private equity investments and evolving client demands continue to push midsize e-discovery companies into the arms of larger providers.

Along with acquiring Xact, it was also announced that Consilio will be sold to investment funds managed by private equity firm Stone Point Capital.

Despite all the internal changes, the company will continue to operate as Consilio with offices in 11 countries; boutique, midsize and large clients; and 4,000 employees, according to a press release. Of those employees in the newly combined company is Xact founder and CEO Bob Polus, who will now serve as the combined Consilio’s corporate development officer. Polus explained the impetus behind the merger by noting that scaling up is the only way to thrive in the current e-discovery market.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Victoria Hudgins

I am a reporter for Legaltech News where I cover national and international cyber regulations and legal tech innovations and developments.

More from this author

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Modern Visual EvidenceBook

This law book shows you how to use and limit video, audiovisual and computer-generated evidence in tort, complex securities actions, infringement actions and any act...

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.