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The acquisition is just another step in laying the foundation for HaystackID to achieve international success.
FREMONT, CA: "BIA is a leader in eDiscovery, and this combination further expands our capabilities in the support and delivery of complex enterprise discovery solutions, especially in New York. This deal follows a period of organizational alignment and internal investment around innovation, technology, and advisory services and builds on several years of investment and growth. All of these internal and external investments position us well for additional future international growth across all of our business lines." says HaystackID CEO Hal Brooks.
HaystackID, a specialized eDiscovery services provider for law firms and corporate legal departments, declared that it acquired Business Intelligence Associates (BIA). It is an end-to-end eDiscovery service provider in a transaction facilitated by majority investors and leading middle-market private equity firm Quad-C Management, Inc.
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HaystackID's position for continued expansion in cyber discovery/incident response, privacy/compliance, information governance, and enterprise-managed solutions is strengthened with the purchase of BIA. The BIA acquisition is HaystackID's fifth significant investment since April 2018, when it bought eDiscovery managed services provider Envision Discovery and managed review and remote review services provider Inspired Review. In addition, HaystackID executed a strategic recapitalization with Quad-C in February 2020 to support the company's future growth and expansion before acquiring NightOwl Global in August 2020.
"Our corporate clients will benefit greatly from the significant increase in the support and services we will be able to offer. Our team worked tirelessly to reach this milestone, and we are honored to join forces with what is fast becoming one of the preeminent service providers in the world." says Brian Schrader, Esq. CEO of BIA, who has joined HaystackID and will continue to lead BIA efforts.
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