September 06, 2023
Consilio LLC closed on its acquisition of Legal professionals On Demand, a authorized staffing supplier based mostly within the UK, and Syke, a authorized know-how consultancy. The acquisition was first introduced Aug. 2. The deal extends Consilio’s enterprise authorized companies enterprise in Europe, the Center East, Africa, Asia and Australia. It additionally expands the agency’s presence within the UK.
“Consilio’s acquisition of LOD and Syke is a big milestone for our firm as we develop our authorized versatile expertise choices and authorized system implementations, optimization and business contracting companies,” Andy Macdonald, CEO of Consilio, mentioned in a press launch. “This acquisition permits us to maintain tempo with international demand for these companies and unlock enhanced scale and capabilities for our purchasers.”
With the transaction closed, Consilio mentioned the mixing course of between the 2 corporations will happen over the following a number of quarters.
The finished deal additionally enabled UK non-public fairness agency Bowmark Capital to comprehend its five-year funding in Legal professionals On Demand and Syke, in response to Consilio. Bowmark supported the administration buyout of Legal professionals On Demand in Could 2018. Legal professionals On Demand and Syke later joined forces in March 2021, in response to an announcement from Bowmark.
Consilio is a supplier of eDiscovery, doc evaluate, authorized staffing and authorized know-how consulting companies. It’s based mostly in Washington.
