USA/Canada News
Xact Data Discovery (XDD), a leading international provider of eDiscovery, data management and managed review services for law firms and corporations, announced today that it has been acquired by JLL Partners, a middle market private equity firm based in New York.
As part of the transaction, JLL is partnering with XDD Founder and President Bob Polus. JLL will support Bob and his leadership team in the Company’s next phase of its growth as it continues to strengthen its market position as an industry leader and innovator within the eDiscovery and legal process outsourcing markets.
“As part of our growth strategy, finding an investment partner with a similar culture, strategic vision and focused energy was critical to our success,” said Bob Polus. “We look forward to advancing our common interests, experience and capital as we pursue additional acquisitions to add new locations and service capabilities.”
XDD has established itself as an industry leader in the eDiscovery market with a reputation for high-touch client service, fast turnaround times and deep domain expertise across a number of industries. XDD’s discovery experts bring a unique mix of insights across the lifecycle of client matters to alleviate “pain-points,” reduce costs, and drive predicable and reliable outcomes.
“We have been very impressed with Bob and the entire team at XDD during our discussions over the past year and believe the Company represents a compelling platform in the eDiscovery space at a time when the growing complexity of litigation has made outsourced service providers like XDD more necessary than ever,” said Frank Rodriguez, Managing Director at JLL Partners.
XDD is the fifth platform investment for JLL Partners Fund VII.
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