LDiscovery LLC, the Virginia-based technology-based e-discovery solutions firm, has partnered with Westview Capital Partners, the Boston-based private equity firm, for a recap, the company announced. Specifics of the transaction were not revealed.
WestView Capital Partners Leads Recapitalization of LDiscovery
LDiscovery, LLC (“LDiscovery” or “the Company”) announced that its current management team, led by CEO Chris Weiler, has partnered with WestView Capital Partners to recapitalize the Company. Headquartered in Mclean, Virginia, LDiscovery is a leader in ‘end to end’ e-Discovery Management Solutions – from data collection and forensic investigations, Early Case Assessment, ESI processing, web based document review and hosting through trial support. As a Relativity Premium Partner, the Company has implemented an industry leading hosting and review infrastructure, while also integrating advanced searching methodologies to provide more relevant and comprehensive datasets to legal professionals in a timely and cost effective manner. LDiscovery’s services meet the highest of standards for support – true “24/7/365”. The Company provides a full range of e-Discovery services to law firms, corporations and virtually all of the major prime contractors in the government market.
“WestView’s experience with growth-oriented, tech-enabled business services companies and software companies will allow LDiscovery to meet the increasing demand for our first-class solutions, while continuing to provide the level of service our clients have come to expect,” said Chris Weiler, CEO and Co-Founder of LDiscovery. “Furthermore, WestView’s strong capital base and transaction expertise will help LDiscovery stay ahead in the evolving world of e-discovery by giving us the flexibility to make significant investments in our technology and infrastructure as well as execute strategic acquisitions.”
“LDiscovery is a leader in providing integrated “end to end” e-discovery solutions from capturing and processing data to hosting it in a secure and robust platform that sets the new bar,” said Rick Williams, Managing Partner of WestView Capital. “The company’s experienced management team led by Chris has a track record of strong financial performance and technological expertise, making LDiscovery an excellent fit for WestView Capital.”
LDiscovery, LLC (“LDiscovery” or “the Company”) is a technology-based e-discovery solutions company offering the total spectrum of e-discovery services as well as fully-integrated, proprietary “end to end” software. The Company’s client base is comprised of large law firms, corporate legal departments and litigation support prime contractors in the government market. LDiscovery is located in Mclean, Virginia and more information is available at www.ldiscovery.net
About WestView Capital Partners:
WestView Capital Partners is a private equity firm focused exclusively on lower middle market companies. WestView partners with existing management teams to sponsor minority and majority recapitalization, buyout, growth and consolidation transactions. WestView, which currently manages over $500 million in capital, is located in Boston, Massachusetts and more information is available at www.wvcapital.com