🠈  Epiq Global  🠊

Epiq Global

Epiq Global provides services in the legal world serving law firms, governments and corporations. Services include data security, discovery and compliance. They have 70 offices, 14 data centers and 5,500 employees.

Corporate Mergers

The company has grown through mergers and acquisitions. I will list the mergers that I come across in my research of the private equity industry.

The current firm was created by a merger of Document Technologies, Inc. and Epiq. Both companies had fallen into the clutches of private equity firms.

The press releases say that DTI acquired Epiq. They then changed their name to Epiq. So, I wills start the merger chain with DTI and nest Epiq's history. PS: To further complicate matters, there are other independent firms that have the uninspired name Documents Technology, Inc..

The amusing thing about this merger chain is that there were crimes and bankruptcies involved in a company that tracks crimes and bankruptcies.

• 1998: Document Technologies, Inc. was founded in Atlanta, Ga.
• 2010: DTI acquired Daticon EED⁵

  History of Daticon EED

  The company was founded as Electronic Evidence Discovery Inc.. It changed its name after the acquisition of Daticon.⁸

  • 1987: John H Jessen of Kirkland, Wa founded Electronic Evidence Discovery Inc. EED.
  • 2005: Welsh, Carson, Anderson & Stowe acquired EED.⁷
  • 2008: EED acquired Daticon and changed its name to Daticon EED

    History of Daticon

    • 1993: Daticon was founded in Connecticut.
    • 2000: Daniel Gordon acquired majority interest in Daticon.
    • 2003: Daniel Gordon was convicted of money laundering and embezzlement of $43 million from Merrill Lynch
    • 2006: Xiotech Corp of Eden Prairie acquired assets of bankrupt Daticon.
• 2011: Harvest Partners recapitalized DTI.
• 2016: OMERS Private Equity and Harvest Partners acquired Epiq for about $1 billion.¹

  History of Epiq

  • 1964: Attorney Claude Rice formed EPI to provide Chapter 13 case management software.
  • 1984: Universal Money Centers Inc. acquired EPI.
  • 1988: UMI defaulted on its financing.
  • 1988: a group led by Tom Olofson acquired EPI.
  • 1997: EPI raised $5.6 million in an IPO and $11 in a secondary offering.³
  • 1999: EPI acquired DCI Chapter 7 Solutions, Inc. for $10.2 million.³.
  • 2000: Company changed its name to EPIQ Systems.³
  • 2000: Epiq acquired Phitech.³
  • 2003: Epiq acquired BSI (a chapter 11 specialist).³
• 2017: DTI acquired NuLegal based in Australia.⁴

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References:

1. Global Newswire - Omers Acquires Epiq (Drawn 10/17/2019)
2. Business Newswire - Harvest Recapitalized DTI (Drawn 10/17/2019)
3. Funding Universe - Epiq (Drawn 10/17/2019)
4. DTI Acquired NuLgal (Drawn 10/17/2019)
5. EDD Updata - DTI acquires Daticon (Drawn 10/17/2019)
6. Washington Post - Gordon Embezzlement (Drawn 10/17/2019)
7. Mergr - Welsh Carson acquired EED (Drawn 10/17/2019)
8. Wikipedia - Daticon EED (Drawn 10/17/2019)

Directory Listings:

• Phoenix Color - Legal: Epiq Global
• Denver Color - Legal Resources: Epiq Global

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