Atlanta, GA – September 20, 2010 – Document Technologies, Inc. (DTI), the nation’s largest independent provider of comprehensive discovery and on-site facilities management services, announces its acquisition of Daticon EED, one of the original and most widely recognized leaders in the electronic discovery services industry. DTI and Daticon EED’s combined operations strengthen its position as a top tier discovery service provider that can offer both corporate law departments and law firms the infrastructure of a large, national company. Clients will receive personal service from local experts based in more than 20 offices nationwide. The acquired company will be called “EED, A DTI Company.”
“As one of the first providers of electronic discovery services, Daticon EED brings an unparalleled level of knowledge and expertise in directing technologies and processes to significantly reduce the overall cost, time and risk of discovery,” said Document Technologies, Inc. CEO John Davenport, Jr. “At the same time, Daticon EED’s clients will benefit from our ‘best-in-breed’ philosophy and financial stability.” DTI is now a $130 million company, including more than $70 million in revenue from discovery services. Discovery revenue combined with the consistent revenue of its facilities management services division have helped the company achieve profitability in 35 consecutive quarters.
The acquisition further expands DTI’s national footprint and advances the company’s ability to provide local service and expertise across the U.S. The deal also adds an impressive roster of leading discovery consultants and skilled project managers as well as world-class IT infrastructure to further strengthen the company’s ability to provide expert advice and high-quality service. The former headquarters of Daticon EED in Seattle will serve as DTI’s newest Regional Technology Center, providing clients with access to large data centers on both coasts. Between its state-of-the-art National Technology Center in Atlanta, Regional Technology Centers in Seattle as well as Washington, D.C., New York, Chicago, and Norwich, Conn., and facilities in local markets nationwide, DTI now has the capacity to process 4.5 terabytes of data on a daily basis and host 1.4 petabytes of data for document review.
“Since the company’s start in 1987, Daticon EED has maintained a proud tradition of being a trendsetter in directing e-discovery technologies and methodologies,” stated John Jessen, EED founder and former CEO. “I am confident DTI will leverage this history to continue advancing the combined leadership position in the discovery service industry.”
Daticon EED clients will also benefit from DTI’s third-party electronic discovery best-of-breed tools and the ability of DTI to provide tailored solutions for each unique client project. Leading discovery technology tools, including Nuix, Clearwell, IPRO, Relativity and iCONECT, enable DTI to focus on quality service and allow clients to leverage the industry’s best technologies.
Effective immediately, EED, A DTI Company will act as the operating unit supporting all current Daticon EED clients, technology and active projects. All clients will have immediate access to DTI’s discovery solutions, project management expertise and resources made possible by its financial stability.
For more information on this transaction, please contact:
Nick Baughan
Managing Member
610.616.3294
nbaughan@marbau.com
Christopher Rose
Associate
610.616.3298
crose@marbau.com
About Daticon EED
Daticon EED has over twenty years of experience advising and supporting corporations, and their outside counsel, on the complex issues surrounding litigation preparedness, electronic discovery and trial. We routinely work with the most-litigated corporations and the most capable law firms in North America, so active management is for us a way of doing business with our clients, not just an industry buzzword. Whether you’re concerned about intellectual property disputes, anti-trust matters, products liability litigation, securities class actions or government investigations, our involvement in nearly 5,000 matters in the last two decades makes us the most seasoned, knowledgeable and capable full service provider you’ll find to pursue the effective resolution of your litigation-related matters.
From litigation readiness reviews through internal investigations, early case assessment, and international data collection, to ESI processing, review, production and expert testimony, we pride ourselves on our expertise and experience — the things that really matter when your organization’s capital, market position and reputation are at stake.
About Document Technologies
Document Technologies, Inc. (DTI) is the nation’s largest independent provider of facilities management services and comprehensive discovery solutions, servicing clients through offices in more than 20 markets across the U.S. Headquartered in Atlanta, GA, DTI delivers end-to-end solutions for electronic discovery, including forensics, data acquisition, processing, and an array of hosting platforms to meet a variety of litigation support needs. In September 2010, DTI acquired e-discovery industry pioneer Daticon EED to further strengthen its position as a leading discovery services provider. DTI clients include both top law firms and Fortune 500 corporations nationwide. For more information, visit www.DTIGlobal.com.
About Marks Baughan & Co.
Marks Baughan & Co. provides investment banking services to growth companies in the Financial Technology and Information Management sectors. Our narrow focus and deep expertise and relationships in these two verticals provide our clients with top-quality results driven by an efficient process. Started in 2004 by two former senior members of the Credit Suisse First Boston Technology Group, Marks Baughan & Co. has established itself as one of the most successful of the new boutique investment banks by combining bulge-bracket expertise with boutique service. Our clients range from public companies with multi-billion dollar market caps to private companies with $10 million in revenues. We deliver results for clients: advising on sales of entire companies and divisions, acquisitions, private placements of equity and debt securities, or strategic advisory services for CEOs and CFOs on public offerings, M&A plans, or investor positioning.