Exterro, a legal governance, risk and compliance (GRC) software company and a portfolio company of Leeds Equity Partners, has purchased Zapproved, a provider of e-discovery software.
Exterro offers services that aim to address all phases of the e-discovery and forensic investigative process. The services work to automate the interconnections of privacy, legal operations, digital investigations, cybersecurity response, compliance and information governance. Upon closing of the acquisition, Vista Equity Partners will maintain a minority stake in the combined company.
“We are confident that combining Exterro’s innovation engine with Zapproved’s world-class customer experience brings the best of the industry together in one powerful and easy-to-use solution that comprehensively addresses the critical business challenges facing our customers today,” says Monica Enand, president and CEO, Zapproved.