Houlihan Lokey Advises H5

Houlihan Lokey is pleased to announce that H5, Inc., has been acquired by Lighthouse, a portfolio company of Lightyear Capital LLC. The combination allows Lighthouse to continue bringing innovative technology and services to its global information governance, compliance, and e-discovery clients.

H5 helps corporations and law firms find and manage the documents that matter in litigation and investigations by providing expert-driven, technological solutions to address the complex challenges created by electronic data. With expertise in e-discovery, technology-assisted review and search, H5 is committed to helping clients find and manage the information they need to win cases, meet regulatory requirements, and address risks by providing creative solutions that ensure fast, accurate, and cost-effective results.

Lighthouse provides software and services to manage the increasingly complex landscape of enterprise data for compliance and legal teams. Lighthouse leads by developing proprietary technology that integrates with industry-leading third-party software, automating workflows, and creating an easy-to-use, end-to-end platform. The company also delivers unique proprietary applications and advisory services that are highly valuable for large, complex matters, and a new SaaS platform designed for in-house teams.

The agreement marks Lighthouse’s first entry into the document review space with the addition of advanced search and analytics technology, and experts focused on helping clients find and classify sensitive data and automate key review workflows with unparalleled speed and accuracy. With H5, Lighthouse is acquiring the leading review efficiency technology in the industry that enables its consultants to accurately and efficiently perform key document identification and responsiveness review faster than manual review teams. This solution is currently being used by many of the world’s leading corporations and law firms and applies broadly to all document review.

Houlihan Lokey served as the exclusive financial advisor to H5 and assisted in marketing, structuring, and negotiating the transaction on behalf of the company. This marks the ninth legal and technology services transaction announced and/or closed by Houlihan Lokey over the past 12 months.