Reveal, a global provider of a category-leading AI-powered eDiscovery platform, announced today it has acquired both Logikcull and IPRO, two other leading eDiscovery players. Together, the three companies offer the first end-to-end eDiscovery platform that addresses matters of all sizes and for all legal teams, from solo legal practitioners to the largest enterprise.
The transactions, valued at more than $1 billion, were funded by Reveal’s majority shareholder and leading software investment firm, K1 Investment Management.
The combination integrates Logikcull and IPRO's unique capabilities with Reveal’s proven AI prowess to create an all-in-one hub of eDiscovery tools for matters of any size and scope. From self-service offerings for smaller cases to enterprise-grade solutions for complex legal challenges, Reveal now stands as the go-to partner for automating the practice of law.
"The acquisitions of Logikcull and IPRO build on Reveal's growth strategy of integrating the best and most useful technologies into one platform so customers have greater choice and control over their eDiscovery workflows," said Wendell Jisa, Founder & CEO of Reveal. "By bringing together the strengths of all three companies, including Logikcull’s intuitive, easy-to-use functionality and IPRO’s global reach and information governance tools, Reveal is now able to serve the diverse needs of clients across the legal spectrum, from SMB to mid-market and enterprise.”
In addition, the acquisitions will bring industry leading AI-powered eDiscovery solutions to an untapped global legal market. The company will now have employees stationed in more than two dozen countries, serving a customer base of over 4,000 clients.
“These two acquisitions are a continuation of our commitment to bring together the best technologies and people to propel the practice of law into a new era,” said Tarun Jain, Principal at K1 Investment Management. “With this combination, legal professionals will only have to look to one company to solve all their eDiscovery needs.”
By integrating Logikcull and IPRO into Reveal's ecosystem, Reveal now offers the most advanced automation capabilities in the industry. Logikcull's seamless, self-service functionality enables users to efficiently handle simpler cases in-house, while Reveal's scalable, feature-rich platform helps tackle the most complex litigation matters. The combined suite covers every stage of the eDiscovery process, from data collection and processing to review and analysis, so legal experts can increase efficiency, reduce costs, and focus on higher-value tasks that better serve their clients.
Reveal's expanded suite of solutions is available immediately, offering day-one benefits including:
Am Law 100 firms, Fortune 500 corporations, legal service providers, government agencies and financial institutions in more than 20 countries across five continents work collaboratively with Reveal to uncover insights faster and solve even the most complex legal challenges with the most advanced AI in the industry.
Copyright © 2023 Legal IT Professionals. All Rights Reserved.