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Legal Grc Platform Exterro, A Leeds Equity Portfolio Company, Announces Acquisition Of E-Discovery Provider Zapproved
Acquiring Company
Exterro
Acquired Company
Zapproved
Description
Exterro, a leading provider of Legal Governance, Risk, and Compliance (GRC) software, has acquired Zapproved, a provider of e-discovery software known for its strong customer outcomes. This acquisition is the latest step in furthering Exterro's vision to empower customers to proactively and defensibly manage their legal governance, risk and compliance obligations. It also represents another significant strategic milestone for Exterro in its partnership with Leeds Equity Partners, which originally acquired the business in 2018 and completed a recapitalization in 2022. Upon closing of the acquisition of Zapproved, Vista Equity Partners ("Vista") will maintain a minority stake in the combined company. Financial terms of the transaction were not disclosed.
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Frequently asked
Who acquired Zapproved?
Zapproved was acquired by Exterro, based in Beaverton. The deal was reported on January 19, 2023. Exterro®, Inc. is the leading provider of e-discovery and information governance software specifically designed for in-house legal, privacy and IT teams at Global 2000 and Am Law 200 organizations. Exterro is privately held and operates in Information Technology.
When did Exterro acquire Zapproved?
Exterro's acquisition of Zapproved was reported on January 19, 2023. Exterro, a leading provider of Legal Governance, Risk, and Compliance (GRC) software, has acquired Zapproved, a provider of e-discovery software known for its strong customer outcomes. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Zapproved do?
Founded in 2008, Zapproved builds easy-to-use eDiscovery software designed to help corporate legal teams save time, lower costs, and defensibly reduce risk. It is privately held, operating in Software.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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