The acquisition will strengthen KLDiscovery’s Managed Document Review and enhance the Company’s contract lifecycle management offering.
Christopher Weiler, CEO of KLDiscovery, welcomes Aditya Mirza, CEO of Cenza, into the KLDiscovery family.
KLDiscovery Inc. (“KLD”), a leading global provider of electronic discovery, information governance, and data recovery services, today announced that it has signed a definitive agreement to acquire the business of Cenza Technologies Private Limited (“Cenza”), an India based alternative legal services provider (“ALSP”) that offers Contract Lifecycle Management (“CLM”) and CLM implementation services, document review, and LawTech & Legal AI driven solutions.
Cenza is an established global ALSP serving clients in the US and UK from India with scalable, cost‐effective, and reliable managed legal services built on best‐in‐class technology, deep operational expertise, rigorous quality control, and robust client service. Cenza has been ranked in the Chambers and Partners 2023 Global-wide Alternative Legal Service Provider and LawTech Consulting guides.
“We are delighted to welcome the Cenza team into the KLDiscovery family,” said Christopher Weiler, CEO of KLDiscovery. “They have built an incredible company with a sterling reputation and a corporate culture that fits hand-in-glove with our own. Expanding our global presence into India has been a priority for us and Cenza was the right partner to lead those efforts.”
KLDiscovery has a long history of successfully integrating companies it acquires into its global network and has created the industry’s only truly integrated end-to-end global legal technology platform. With this turn-key acquisition, the company immediately gains a mature India operation to launch its best-in-class secure managed document review and cyber incident response solutions. This combination will also allow expanding contract management solutions by blending consulting, advisory, project management, hosting, and legal AI with lawyers-in-the-loop.
“We couldn’t be more excited to join the KLDiscovery team,” said Aditya Mirza, CEO of Cenza. “I’m incredibly proud of what we have built at Cenza and there is no other organization better equipped than KLD to globally scale our integrated solutions and deep bench of talent. Their passion for service, technology, and innovation matches ours and I’m confident we will accomplish great things together, opening new and exciting growth opportunities for our customers and employees alike.”
The acquisition is expected to close in October 2023, subject to the satisfaction of customary closing conditions. Kenyon Group, LLC of the United States and Panya Capital Advisors Pvt Ltd of India were the advisors to Cenza and arranged this transaction.
The full press release is here.
About KLDiscovery
KLDiscovery provides technology-enabled services and software to help law firms, corporations, and government agencies solve complex data challenges. With offices in 25 locations across 16 countries, KLDiscovery is a global leader in delivering best-in-class data management, information governance, and eDiscovery solutions to support the litigation, regulatory compliance, and internal investigation needs of clients. Serving clients for over 30 years, KLDiscovery offers data collection and forensic investigation, early case assessment, data processing, application software and data hosting for web-based document reviews, and managed document review services. In addition, through its global Ontrack data management business, KLDiscovery delivers world-class data recovery, disaster recovery, email extraction and restoration, data destruction, and tape management. KLDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte’s Technology Fast 500), and CEO Chris Weiler was a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, KLDiscovery is a Relativity Certified Partner and maintains ISO/IEC 27001 Certified data centers around the world.
Visit www.kldiscovery.com to learn more.