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Knox Capital Continues Growing Portfolio with Third Add-On Acquisition by HaystackID

Our portfolio company, HaystackID recently acquired eTERA Consulting, marking the third add-on for the company since 2018.

January 24, 2019

Chicago, IL – Knox Capital, a private investment firm for middle-market, founder-and-family-owned companies, with its investment partners, recently announced the acquisition of eTERA Consulting, a leading eDiscovery managed services company, by its eDiscovery platform company Haystack ID. Haystack ID is a specialized eDiscovery services firm that helps corporations and law firms find, listen, and learn from data when facing complex, data-intensive investigations and litigation. The senior leadership teams of eTERA and Haystack have reinvested in the combined business alongside additional investment from Knox Capital, ORIX Mezzanine & Private Equity, Maranon Capital, L.P., and Baird Principal Group. With the acquisition, eTERA will fully integrate and operate as HaystackID.

Scott Holec, Founder and President of eTERA, added, “HaystackID’s data expertise, informed by their sterling reputation for forensics, discovery and innovative managed review powered by ReviewRight, is highly complementary to our service portfolio and immediately additive to our ability to serve our global customer base. More importantly, both companies have an unwavering client service focus which promotes the right cultural fit across our respective employee and customer bases.”

Mike Bryant, Operating Advisor at Knox Capital and Chairman of HaystackID Holdings commented, "The acquisition combines the business models and expertise of two leading eDiscovery providers to help our growing customer base of leading corporations, law firms, and data-dependent government agencies solve difficult data and legal discovery challenges. 2018 was a record year of growth for both companies and the acquisition will advance HaystackID's capability to streamline the delivery of critical services that help customers achieve quality outcomes in investigations and litigation at a fair and predictable price."

The acquisition, representing the continued expansion of HaystackID through investment and rapid organic growth, follows the successful acquisition and integration of Inspired Review and Envision Discovery in 2018. With the acquisition, HaystackID will now include the eTERA senior management team as well as all eTERA employees in the combined organization.


About Knox Capital
Foundational Capital for Middle Market Businesses.

Founded in 2013, Knox Capital was created to provide capital and hands-on operating resources for founder and entrepreneur-owned middle market businesses. We operate under flexible investment horizons through private investors that are focused on the long-term. By utilizing our extensive executive and operating advisor network, Knox makes tailored investments across industries in partnership with owners and management. Knox Capital is headquartered in Chicago, Illinois.


About HaystackID
HaystackID is a specialized eDiscovery services firm that helps corporations and law firms find, listen, and learn from data when they face complex, data-intensive investigations and litigation. With an earned reputation for mobilizing industry-leading computer forensics, eDiscovery, and attorney document review experts, HaystackID’s Forensics First, Early Case Insight, and ReviewRight services accelerate and deliver quality outcomes at a fair and predictable price.

Serving more than 500 of the world’s leading corporations and law firms from North American and European locations, HaystackID’s combination of expertise and technical excellence coupled with a culture of white glove customer service make it the alternative legal services provider that is big enough to matter but small enough to care. Learn more about HaystackID at HaystackID.com.


About eTERA Consulting
eTERA Consulting is an international, award-winning organization selected by clients to help solve the challenges of complex, big data projects in the areas of information governance, investigations, litigation, regulatory compliance, and security breach response. eTERA provides customized data management solutions and services to Fortune 500 companies and the Am Law 100 at the intersection where legal, data analytics, security, and information technology meet.

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