Xact Data Discovery, an international provider of eDiscovery, data management and managed review services for law firms and corporations, has acquired Paralaw, a UK-based legal outsourcing company providing managed review staffing, eDiscovery and contracts management services to law firms and corporations. The acquisition expands XDD’s UK footprint via its Anexsys brand, providing an internal pool of legal outsource talent to fulfill core managed review, eDiscovery and contracts management services in the UK region.
Rob Crowley, managing director at Anexsys stated, “I am excited to add Paralaw’s portfolio of services to our business. Paralaw’s subject matter expertise in legal process outsourcing and contract management combined with Anexsys’ suite of legal technology services is incredibly exciting. Coupled with the company’s core managed review staffing capabilities, the Paralaw team will also be a valuable resource to scale short and long-term eDiscovery and contracts management engagements in the UK and European markets.”
Murray Duncan, Paralaw’s managing director, added, “We are delighted to be joining forces with Anexsys and XDD. Having worked closely with Anexsys for a number of years, we know that our shared passion for customer service provides a firm foundation for continued success. We are excited about being able to increase the range of services we can offer to our clients and provide a wealth of opportunities to our staff.”
Bob Polus, XDD founder and CEO, commented, “As part of XDD’s ongoing acquisition strategy, Paralaw further expands our brand, services and market reach on an international stage. The Paralaw team brings a solid reputation to the XDD table in providing advanced short and long-term legal staffing solutions.”
The acquisition of Paralaw by XDD comes as XDD and Consilio have recently announced plans to merge, pending regulatory approval. The merger is pending forthcoming final legal contractual agreements between XDD, Consilio and representative private equity firms JLL Partners, Aquiline Capital Partners and Stone Point Capital respectively.