Arbor Ridge Partners advises LightSpeed on its Sale to Xact Data Discovery

By: Arbor Ridge Partners LLC
CHICAGO - July 14, 2020 - PRLog -- Arbor Ridge Partners, the M&A advisory firm dedicated to the Legal Technology and Legal Services industry, is pleased to announce that our client, LightSpeed, has been acquired by Xact Data Discovery (XDD).  LightSpeed has been providing litigation support, eDiscovery, managed review, and legal services to the DC area for almost two decades and has established deep relationships with law firms and corporations.

Tony Lehr, LightSpeed CEO states, "Arbor Ridge Partners' guidance and counsel was critical in getting this deal done.  They have an incredible understanding of the legal services industry and deal making, and they became a deeply trusted and key advisor.  Joining forces with XDD further expands our ability to serve the DC market across multiple facets of the EDRM.  We look forward to integrating our people, processes and clients into the XDD family."

David Moran, XDD President and COO states, "Arbor Ridge Partners once again proved their reputation as one of our industry's leading M&A advisory firms.  As we continue to expand business operations nationwide, adding LightSpeed Legal to the XDD family further bolsters our physical presence in the DC market."

Arbor Ridge Partners served as the exclusive advisor to LightSpeed and arranged this transaction.

About Arbor Ridge Partners

Arbor Ridge Partners is a business broker that focuses on mergers and acquisitions for Legal Technology and Legal Services companies; including, litigation support, computer forensics, eDiscovery, legal services, and software companies. With over 60+ years of combined industry experience, legal backgrounds, first-hand industry M&A experience, and deep relationships, Arbor Ridge Partners maximizes value in the purchase and sale of Legal Technology and Legal Services Businesses.  For additional information, please see www.arborridgepartners.com email info@arborridgepartners.com, or call 800-226-2760.

About Xact Data Discovery

Xact Data Discovery is a leading international provider of eDiscovery, data management and managed review services for law firms and corporations. XDD helps clients optimize their eDiscovery matters by orchestrating precision communication between people, processes, technology and data.  XDD services include forensics, eDiscovery processing, Relativity hosting and managed review. XDD has 16 offices throughout the United States and two locations in India. XDD offers exceptional customer service with a commitment to responsive, transparent and timely communication to ensure clients remain informed throughout the entire discovery life cycle.

About LightSpeed

LightSpeed is a full-service legal services company with discovery experts specializing in providing law firms and corporation litigation support services. LightSpeed provides technical expertise in the areas of ECA, e-Discovery, predictive coding, conceptual search technology, web-based review tools, and best practices to ensure proper process and cost containment to law firms and corporations in the Washington, D.C. area and nationally.

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Tags:Arbor Ridge Partners, Xact, Lightspeed
Industry:Legal
Location:Chicago - Illinois - United States
Subject:Mergers
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