Teris Sells California and Washington Offices
SEATTLE, Oct. 24, 2013 /PRNewswire/ -- Teris LLC today announced that its California and Washington offices have been acquired by Inventus, Inc., a leading Discovery Management Practice to global law firms, Fortune 1000 corporations and government agencies. Terms of the transaction were not disclosed.
The combined business will immediately be one of the largest providers of end-to-end eDiscovery (EDD) services and solutions in the nation with a coast-to-coast geographic footprint.
"We have been searching for the right partner for growth and to enhance our technology offering," said Stefan Wikstrom, CEO of Teris. "We had a lot of interest in our business but Inventus emerged clearly as the best choice for our vision going forward."
"We have been keen to add a West Coast presence in order to establish a truly national footprint and Teris is an ideal partner for that expansion," said Trevor Campion, CEO of Inventus. "Our firms share a common culture around client focus as well as great technology synergies, which will enable the combined business to enhance our customer experience across the board. The combined business immediately creates one of the largest Discovery Management platforms in the country and we are thrilled about the addition of Teris to the Inventus family."
The West Coast offices of Teris will operate as Teris, LLC, a subsidiary to Inventus Solutions, Inc.
Inventus is a leading end to end EDD provider focused on streamlining data processing and review via a suite of bundled, best-of-breed technologies. Inventus' customers include AmLaw 100 law firms and Fortune 500 companies. Teris has been providing services to the legal community since 1996.
CONTACT: Brittany McLaughlin, +1-972-388-5518, firstname.lastname@example.org
SOURCE Teris LLC
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