E-Discovery Firms Consilio and Advanced Discovery Will Merge

Consilio and Advanced Discovery, two private-equity owned E-Discovery companies, are set to merge later this year under a new owner.

The new company, which does not have a name yet, will have over 2,500 employees, 14 data centers and 22 document review facilities in 11 countries, according to Consilio. It will provide governance, risk management, E-Discovery and document and contract review services.

Under the terms of the deal announced Wednesday, San Francisco-based investment firm GI Partners will take a majority position in the combined companies. The transaction is expected to close in the second quarter of this year. The value ...