Legal process outsourcing (LPO) provider Exigent is at an advanced stage of acquiring a technology company in the US as the firm’s latest international move.
Exigent’s founder and managing director David Holme said Exigent was close to reaching a deal to acquire a US-based contract automation technology firm. Exigent has completed its due diligence on the target, and an agreement could be signed as soon as mid-August if all preconditions are satisfied.
Should the deal go live, Holme said it would provide a base from which Exigent would expand in North America and enhance its technology offerings to clients elsewhere.
In May Exigent expanded into Canada with an office launch in Toronto. the firm has agreed a strategic partnership with “Seven Sisters” firm McCarthy Tetrault. Under the partnership, Exigent will provide project-based services, such as due diligence, contract review and lease review.
Apart from legal processing and support services, the firm is eyeing to increase its consulting offerings. Most recently, Exigent added Pinsent Masons’ former litigation head Nigel Kissack to its board as global strategy consultant based in the company’s London office (10 July 2013).
“Growing the consulting services is important to Exigent’s strategy,” said Holme. “We are aiming to curve our niche by providing solutions to problems rather than just offering cheap labor.”