Chris Weiler to Become Chief Executive Officer of the Combined Organization of LDiscovery, LLC and Corporate Risk Holdings, LLC
October 21, 2016 at 12:30 pm EDT
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LDiscovery, LLC and Corporate Risk Holdings, LLC announced a definitive purchase agreement under which LDiscovery will acquire Kroll Ontrack in an all-cash transaction valued at approximately $410 million. With this combination, LDiscovery customers will have access to Kroll Ontrack’s global footprint, proprietary review platform and the data recovery services, while Kroll Ontrack customers will leverage LDiscovery’s proprietary suite of eDiscovery technology, including remote collection tool, ESI processing platform, eDirect365™, and Relativity integrations, as well as the eDiscovery industry’s most advanced and robust hosting infrastructure. Chris Weiler to become Chief Executive Officer of the combined organization.
KLDiscovery, Inc. is a global provider of eDiscovery, information governance and data recovery solutions to corporations, law firms, insurance companies and individuals in 17 countries around the world. The Company operates in one business segment, providing technology-based litigation support solutions and services. It provides a suite of technology offerings, including its end-to-end fully integrated solution, Nebula, which comprehensively addresses information governance, eDiscovery, and data recovery needs. It has developed an entire suite of proprietary technology solutions that creates a bespoke and enhanced experience within the platform. Its integrated, proprietary technology solutions enable clients to collect, process, transmit, review, and recover complex and large-scale enterprise data. The Companyâs proprietary platform Nebula addresses virtually all potential eDiscovery and information governance use cases for the global legal and corporate communities.
KLDISCOVERY INC. 
