Consilio, a global leader in eDiscovery and Document Review Services, has announced a new partnership with Los Angeles-based private equity firm Shamrock Capital Advisors. Under the terms of the partnership, Shamrock will take a majority position in Consilio and current owner Symphony Technology Group will divest its position. Consilio’s management team will remain in place and also invest alongside Shamrock.
As an industry leader in handling complex, multi-jurisdictional matters across its offices in Europe, Asia and the Americas, Consilio experienced tremendous growth during Symphony’s four years of support. The Shamrock partnership will enable Consilio’s management team to make significant investments in its operations and technology to deliver a superior service experience to its clients.
“We have had an extremely successful relationship with the Symphony Technology Group team,” said Andy Macdonald, CEO of Consilio. “Our clients have benefitted tremendously from the improvements we have made in our delivery capabilities, geographic presence and technology. We are eager to build on this strong foundation with Shamrock and continue our high-growth trajectory.”
“Shamrock is excited to add Consilio to our portfolio of sector-leading companies,” stated Shamrock Capital Advisors Partner Andy Howard. “Our team has been evaluating companies in the eDiscovery and Document Review Service space for some time, and it has been inspiring to get to know the stellar team at Consilio. Their strategic vision, global capabilities, track record of delivering strong results and commitment to serving clients and employees is exemplary. We are confident this partnership will create significant value for Consilio’s clients and team members.”
“We couldn’t be more pleased for the team at Consilio,” stated Romesh Wadhwani, Chairman and CEO of Symphony Technology Group. “Their hard work, focus and dedication have allowed them to succeed and we are excited for their future prospects.”