GI Partners to acquire majority stake in Consilo and Advanced Discovery

GI Partners will acquire a majority stake in newly merged eDiscovery companies Consilio and Advanced Discovery. No financial terms were disclosed. When the deal closes, Shamrock Capital Advisors and Trivest Partners will exit their stakes in the combined company. The deal is expected to close in the second quarter of this year. Andy Macdonald will lead the combined company as its CEO.

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