PHILADELPHIA, PA and LONDON — Marks Baughan today announced that it served as exclusive financial advisor to Unified OS Ltd. in its sale to Inventus Solutions, Inc., a Clearlake Capital Group portfolio company.
Unified, a leading provider of eDiscovery and managed review services to Fortune 1000 corporations, global law firms, and government agencies operating across Europe has been acquired by Inventus Solutions, Inc. (“Inventus”), a leading U.S. based eDiscovery and managed services provider backed by Clearlake Capital Group, L.P. (“Clearlake”). Financial terms of the transaction were not disclosed.
Founded in 1991 and headquartered in Chicago, Inventus provides technology-enabled electronic data discovery (EDD) and managed services for Fortune 1000 corporations, global law firms and government agencies to manage the legal discovery process. The acquisition of Unified, a leading U.K.-based provider of EDD and managed attorney review, marks Inventus’s significant expansion in Europe and its focus on adding a leading managed review platform to its services bundle. The combination creates an international, full legal process outsourcing (LPO) solution with the ability to service target clients operating in multiple jurisdictions across the globe.
Commenting on Marks Baughan, Paul Mankoo, CEO of Unified, stated “We chose Marks Baughan as a result of our historic relationship and because of their knowledge and experience in Legal Technology/eDiscovery and their transatlantic presence. Marks Baughan’s attention to detail and their support of management helped considerably and enabled us to achieve a good result for all stakeholders whilst mitigating the potential distraction of a sale.”
“The combination of Inventus and Unified backed by Clearlake Capital creates a unique platform and set of capabilities to service their clients’ transatlantic requirements. We wish Paul and Noel much success going forward,” said John Jacobs, Managing Member, Marks Baughan Securities UK. “We look forward to supporting the team as they continue to build their global platform.”
For more information on this transaction, please contact:
John W. Jacobs
Managing Member
+44 207.927.7464
jjacobs@marbau.com
William J. Takeuchi
Director
610.616.3296
wtakeuchi@marbau.com
About Marks Baughan Securities
Marks Baughan provides investment banking services to growth companies. Our clients are software, technology-enabled services and data-intensive companies seeking shareholder liquidity or growth capital. We work tirelessly alongside our clients and excel at defensible positioning and disciplined processes that maximize shareholder value. Our professionals come from senior positions at bulge-bracket firms, giving our clients access to the relationships and experience that come from our years of interaction with the top executives and investors in companies in our fields. Our clients receive top-flight advice throughout any advisory relationship, because our boutique approach allows our senior advisors to stay deeply involved with each client on a continuous basis. No handoffs to junior staff. No preferential client relationships. No conflicts of interest.
For more information on Marks Baughan, visit www.marbau.com.
About Unified
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 cost. 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.
For more information, please visit www.unif-id.com.
About Inventus
Inventus is one of the largest discovery management practices in the US, 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 Chicago.
For more information, please visit www.inventus.com.
About Clearlake Capital Group
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 totalling more than $3 billion of capital in sectors including automotive, business services, consumer products/retail, defense/public safety, energy/power, industrials, and technology.
For more information, please visit www.clearlakecapital.com.