Houlihan Lokey Advises Kroll Ontrack

Houlihan Lokey is pleased to announce that Corporate Risk Holdings, LLC has sold its Kroll Ontrack business to LDiscovery, LLC, a portfolio company of The Carlyle Group and Revolution Growth, in an all-cash transaction valued at approximately $410 million. The transaction closed on December 9, 2016.

Kroll Ontrack is a leading global provider of technology-driven services and solutions to help clients manage, recover, search, analyze, produce, and present data efficiently and cost effectively. In addition to its award-winning suite of software, Kroll Ontrack provides data recovery, data destruction, electronic discovery, document review, and consulting services to a global client base. Kroll Ontrack operates through a network of 28 offices and seven data centers across 19 countries, with headquarters in the Minneapolis, Minn., area.

Corporate Risk Holdings is a global leader in diversified risk and information services, headquartered in New York, N.Y.  Corporate Risk Holdings is the parent company of: HireRight, a leading global provider of employment background screening and eligibility solutions; and Kroll, a leading global provider of a broad range of investigative and advisory solutions to help clients identify, remediate, and monitor business risks.

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