Epiq Systems Completes Acquisition of Iris Data Services

Tuesday, May 5, 2015 - 10:26

Epiq Systems, Inc. has announced the completion of its acquisition of privately held, Kansas City-based Iris Data Services, the market leading provider of managed services for electronic discovery (eDiscovery). The Iris acquisition significantly accelerates Epiq’s strategic plan to offer managed services solutions to its global clientele, while bringing Epiq’s expansive eDiscovery resources, including document review, to a new set of clients. 

“This acquisition cements our position in the highest-tier of global eDiscovery service providers,” said Tom W. Olofson, chairman and CEO of Epiq Systems. “We are excited to welcome the Iris team to Epiq and we look forward to growing this exceptional business by delivering the outstanding service to which our respective client bases are accustomed.”

With the close of the transaction, Iris will operate as a division of Epiq’s global eDiscovery business. Iris president and cofounder Major Baisden joins Epiq as managing director of the Iris division and will continue leading its operations.