News

Oce to Acquire CaseData

Marks Baughan & Co. Advises CaseData on the Announced Sale to Oce Business Services

October 6, 2006
Oce N.V., (Nasdaq : OCENY ), a global leader in digital document management and solutions, today announced that its U.S. division Oce Business Services and CaseData , Inc., a leading provider of electronic discovery and litigation support services to U.S. law firms and corporations, have entered into a definitive agreement for Oce Business Services to acquire all activities of CaseData .

The transaction will expand the range of Oce Business Services' document process management business, and give CaseData clients access to Oce's comprehensive portfolio of products and services. CaseData is ranked in the top five E-discovery service providers on the basis of experience and capacity. Financial details of the transaction are not being disclosed.

CaseData is a privately owned company of approximately $14 million annualized revenue with nearly 200 employees. In addition to its Salt Lake City , Utah headquarters, CaseData has significant coding and quality control operations in the Philippines . CaseData's technology and world-class services have been used by many leading U.S. law firms and Fortune 500 corporations in some of today's highest profile legal cases.

This transaction extends Marks Baughan & Co.'s leadership position in the Information Management sector and represents the firm's fourth legal and compliance technology transaction in the last twelve months.

For more information on this transaction, please contact:

Nick Baughan
Managing Member
610.616.3294
nbaughan@marbau.com

Bill Takeuchi
Director
610.616.3296
wtakeuchi@marbau.com

About Marks Baughan & Co.
Marks Baughan & Co. provides investment banking services to growth companies in the Financial Technology and Information Management sectors. Our narrow focus and deep expertise and relationships in these two verticals provide our clients with top-quality results driven by an efficient process. Started in 2004 by two former senior members of the Credit Suisse First Boston Technology Group, Marks Baughan & Co. has established itself as one of the most successful of the new boutique investment banks by combining bulge-bracket expertise with boutique service. Our clients range from public companies with multi-billion dollar market caps to private companies with $10 million in revenues. We deliver results for clients: advising on sales of entire companies and divisions, acquisitions, private placements of equity and debt securities, or strategic advisory services for CEOs and CFOs on public offerings, M&A plans, or investor positioning.

back to top | back to news | back to transactions