Santa Monica, Chicago and London – March 26, 2015 – Clearlake Capital Group, L.P. (“Clearlake”), today announced that it has sponsored Inventus Solutions, Inc.’s acquisition of London based Unified OS Ltd. and certain of its affiliates. Inventus Solutions, Inc. (“Inventus” or the “Company”), is a leading U.S. eDiscovery and managed services provider and current Clearlake portfolio company. Unified OS Ltd. (“Unified”) is a leading provider of eDiscovery and managed review services to Fortune 1000 corporations, global law firms, and government agencies operating across Europe. Financial terms of the transaction were not disclosed.
Inventus’s acquisition of Unified marks the Company’s significant expansion into Europe and its focus on adding a leading managed review platform to its services bundle. The combination creates a global, full legal process outsourcing (“LPO”) solution with the capability of servicing target clientele operating in multiple international jurisdictions.
“We are excited to partner with the Unified team and look forward to building on the impressive growth and execution capabilities achieved to date,” said Trevor Campion, Chief Executive Officer of Inventus. “We are committed to expanding the global reach of our platform as we continue to focus on providing our clients with a best in class, one stop solution for all phases of the legal discovery process.”
Unified’s leadership team will join the Inventus management team led by Campion. Unified’s operations will continue to be led by Paul Mankoo and Noel Kilby who join the Company as President of Inventus International and Chief Technology Officer, respectively.
“The combination of our businesses creates a global LPO company capable of executing on the highest quality of eDiscovery, managed services and litigation support for our clients,” said Mankoo. “Thanks to the strong financial backing and operational expertise from Clearlake, Unified is poised to solidify its position as a leading European LPO solution provider operating as part of the Inventus platform.”
“Inventus and Unified have tremendous foundations as leaders in the eDiscovery sector and broader LPO market in the United States and Europe, respectively. Unified has a stellar reputation for consistently providing robust execution on highly complex litigation matters which makes it a great fit for Inventus,” said Behdad Eghbali and Prashant Mehrotra of Clearlake. “The European eDiscovery and managed review markets are growing tremendously and we believe this acquisition uniquely positions Inventus as a leading LPO platform in the global market.”
GE Capital’s Telecom, Media and Technology team provided financing to support the transaction.
Inventus is one of the largest discovery management practices in the country, focused on helping clients reduce the costs and risks associated with the discovery process. Since 1991, it has been providing litigation support services to law firms, corporate legal departments and government agencies. Inventus currently has over 150 employees operating in 13 cities across the United States, with operational headquarters in downtown Chicago. More information is available at www.inventus.com.
Founded in 2009, Unified is a leading provider of eDiscovery and managed review services to leading corporations, law firms and government agencies operating across Europe. Unified is headquartered in London, England. Focusing on the full spectrum of litigation and corporate support services, Unified helps its elite law firm and multinational corporate client base manage risk and reduce costs. Its end-to-end process spans advice in managing harvestable data, forensic collection and the processing of both electronic and paper sources through conducting the document review and production process. With an average industry tenure of 12 years, Unified’s experts achieve a deep understanding of client requirements and bring a fresh ‘outcome based’ approach which translates into always meeting clients’ requirements and enabling them to execute their matters in the most efficient, practical and cost proportionate manner.
Clearlake Capital Group, L.P. is a private investment firm focused on special situations and private equity investments such as corporate divestitures, recapitalizations, buyouts, reorganizations, turnarounds and other equity investments. Clearlake seeks to partner with world-class management teams by providing patient, long-term capital and operational expertise to invest in dynamic businesses. Clearlake currently has approximately $1.4 billion of assets under management. Throughout their careers, Clearlake’s senior investment professionals have led over 70 investments totaling more than $3 billion of capital in sectors including automotive, business services, consumer products/retail, defense/public safety, energy/power, industrials, and technology. More information is available at www.clearlakecapital.com.
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