Houlihan Lokey Advises Aquiline Capital Partners
Houlihan Lokey is pleased to announce that Aquiline Capital Partners has acquired Xact Data Discovery (XDD) and immediately merged XDD with Consilio to create a global e-discovery leader. The deals closed on May 14, 2021.
Consilio, a global leader in e-discovery, document review, risk management, and legal consulting services, has merged with Xact Data Discovery, a leading international provider of e-discovery, data management, and managed review services. The united company will operate as a global technology-enabled service provider and e-discovery leader.
The combined company will operate under the Consilio name and will consist of over 4,000 employees and active review professionals serving clients from more than 70 global regions across 11 countries. The company’s global operations will support small, midsized, and large clients, regardless of how complex their challenges may be.
Xact Data Discovery is a leading international provider of e-discovery, data management, and managed review services for law firms and corporations. XDD helps clients optimize their e-discovery matters by orchestrating precision communication between people, processes, technology, and data.
Consilio is a global leader in e-discovery, document review, risk management, and legal consulting services. Through its Consilio Complete suite of capabilities, the company supports multinational law firms and corporations using innovative software, cost-effective managed services, and deep legal and regulatory industry expertise.
Aquiline Capital Partners is a private investment firm based in New York and London, with approximately $6.1 billion of assets under management, investing in businesses across the financial services sector in financial technology, insurance, investment management, business services, credit, and healthcare.
Houlihan Lokey served as the exclusive financial advisor to Aquiline Capital Partners. This transaction underscores Houlihan Lokey’s expertise and extensive relationships in the legal technology and services sector.