AlixPartners, the global business-advisory firm, today announced that it is acquiring New York-based Evidence Exchange. The acquisition will expand AlixPartners' global e-discovery and litigation-support practice, which is already known for its investigative-support work in complex and high-profile engagements such as the Bernard Madoff case. Evidence Exchange, one of the premier litigation- and investigation-support firms focused on the New York City market, was founded by industry pioneers Michael Prounis and Myron Eagle in 1999.
"The addition of the Evidence Exchange team enables AlixPartners to better serve corporate and law-firm clients both within the critical New York City market and throughout the $4.5 billion global e-discovery-services industry," says AlixPartners CEO Fred Crawford. "The merger brings together experienced practitioners and two innovative, entrepreneurial, results-oriented corporate cultures dedicated to using innovative tools and technologies to deliver cost-effective and leading-edge litigation and investigation services to both corporations and law firms."
Meade Monger, Managing Director and Global Head of AlixPartners' Information Management Services business, says: "AlixPartners and Evidence Exchange have independently built two of the most experienced and sophisticated teams in the entire industry. In an era when corporations as well as law firms are seeking high quality and efficient e-discovery solutions, combining our two teams creates a very powerful market offering."
