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Unitedlex Acquires Blackstone Discovery, Expanding West Coast And Technology Presence

Sep 09, 2021•over 4 years ago

Acquiring Company

United Lex

Acquired Company

BlackStone Discovery

New YorkPrivacy And SecurityProfessional ServicesGovernment And MilitaryInformation Technology

Description

UnitedLex, a leading technology and legal services company, today announced its acquisition of BlackStone Discovery, a best-in-class eDiscovery technology provider based in Silicon Valley. BlackStone's range of innovative offerings include services in forensics, eDiscovery, investigations and incident response, trial support, managed review, and more. BlackStone Discovery’s consulting team helps clients reduce eDiscovery costs, mitigate data risks, and improve litigation outcomes. BlackStone has an impressive portfolio of Fortune 500 technology and leading law firms as clients.

Company Information

Company

United Lex

Location

New York, New York, United States

About

UnitedLex is a technology and legal services company committed to delivering full-scale Digital Legal Transformation. The world’s most forward-thinking law departments and law firms rely on the company’s expertise in over 25 global jurisdictions. Founded in 2006, the team includes 3,000 legal, engineering, and technology professionals with major operations in 18 countries.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed