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Markets: KLD says Cenza acquisition gives immediate access to India

Fiinews by Fiinews
November 22, 2023
in Markets
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Mirza says partnership reinforce commitment to global growth

Eden Prairie’s KLDiscovery Inc (KLD) has acquired the business of Cenza Technologies Private Limited, an India-based alternative legal services provider (ALSP) that offers Contract Lifecycle Management (CLM) and CLM implementation services, document review, and LawTech as well as legal AI driven solutions.

With this strategic acquisition, the company gains immediate access to a mature India operation, enhancing its best-in-class secure managed document review and cyber incident response solutions. This combination will also allow expanding contract management solutions by blending consulting, advisory, project management, hosting and legal AI with lawyers-in-the-loop.

Renowned as a distinguished global ALSP, Cenza has earned recognition for delivering scalable, cost-effective, and reliable managed legal services to clients in the US and UK from India.

With a foundation built on best-in-class technology, extensive operational expertise, stringent quality control, and exceptional client service, Cenza has secured its position in the Chambers and Partners 2023 Global-wide Alternative Legal Service Provider and LawTech Consulting guides.

“We are thrilled to finally welcome the talented Cenza team into the KLDiscovery family,” said Christopher Weiler, CEO of KLDiscovery. “Throughout the past few weeks, we have collaborated closely with the Cenza team to complete the acquisition. We eagerly anticipate expanding our global presence in India under the exceptional leadership of Aditya Mirza.”

KLDiscovery has a long history of successfully integrating companies it acquires into its global network, establishing the industry’s only truly integrated end-to-end global legal technology platform.

“This is an exciting new chapter for both Cenza and KLDiscovery,” said Aditya Mirza, CEO of Cenza. “Our strategic partnership marks a significant milestone, reinforcing our commitment to innovation and global growth.

“As we embark on this new phase, I am delighted to continue leading our talented team as the Managing Director of India for KLDiscovery. Together, we are poised to create unparalleled value for our clients, driving forward the future of legal technology and services.” Fiinews.com

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