VRA Partners Advises E-STET on its Sale to Ernst & Young
VRA Partners, LLC is pleased to announce that E-STET, LLC ("E-STET" or the "Company"), a California-based legal technology company, has been acquired by Ernst & Young LLP ("EY"). VRA Partners acted as the exclusive financial advisor to E-STET. Terms of the transaction were not disclosed.
Founded in 2007, E-STET has helped make the practice of law more efficient by successfully combining people, technology and process. The Company has been recognized as one of Inc. magazine's 5000 Fastest-Growing Companies in America for four consecutive years.
The E-STET team will join the EY eDiscovery team, a part of the Fraud Investigation and Dispute Services ("FIDS") practice, and be located on the West Coast. E-STET will enhance EY's market-leading offerings across the United States in eDiscovery and managed document review. EY will leverage E-STET's innovative workflows and technology to help medium and small businesses make legal processes more cost efficient.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services EY delivers helps build trust and confidence in the capital markets and in economies the world over. EY develops outstanding leaders who team to deliver on EY's promises to all of its stakeholders. In so doing, EY plays a critical role in building a better working world for its people, for its clients and for its communities.
EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about EY, please visit ey.com.
VRA Partners, an independent Atlanta-based investment bank, focuses on providing M&A services to leading middle-market companies and private equity firms. VRA Partners also assists companies with raising capital for growth, acquisitions, recapitalization, going-private and management buy-out transactions, and provides fairness opinions, valuations and strategic advisory services. The professionals of VRA Partners have transaction experience across a broad range of industry sectors, including consumer and retail, business services, healthcare services and technology, industrial products and services, and technology and communications. VRA Partners, LLC is a Member FINRA/SIPC. For more information, please visit our website at www.vrapartners.com.
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Chris Reilly, Director - Originations