Exterro Announces Strategic Investment from Leeds Equity Partners
Summary
PORTLAND, Ore., May 23, 2018 (GLOBE NEWSWIRE) -- Exterro ® Inc., the preferred provider of software specifically designed for in-house legal and IT teams at Global 2000 and AmLaw 200 organizations, today announced a strategic investment from Leeds Equity Partners, a sector focused private equity firm with a two-decade history of investing in the knowledge industries.The investment will enable Exterro to accelerate development of its market-leading orchestrated e-discovery solution and continue to strengthen the resources required to deliver world-class support to its customers.“Exterro was founded with the simple vision that applying the concepts of process optimization and data science to the way companies respond to litigation would drive more successful outcomes at a lower cost,” said Bobby Balachandran, President and CEO, Exterro.In the near future, Exterro will be launching new AI capabilities that will drive efficiency in the identification, preservation and collection stages of the process.Given its deep domain experience and sector immersion, Leeds Equity offers a unique combination of acquisition and growth capital, strategic insights and operational advice.
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