Fast-growing Chicago-headquartered eDiscovery vendor Reveal has acquired both Logikcull and IPRO, two other leading eDiscovery players, in transactions said to be worth over $1bn. The acquisitions were funded by Reveal’s majority shareholder and leading software investment firm, K1 Investment Management. Together, the three companies offer an 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 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.”
This is the latest and largest acquisition for Reveal, which in 2021 merged with Brainspace, having the previous year acquired predictive intelligence software solution vendor NexLP. This year it acquired workflow automation platform LIGL.
“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.”
