Jersey City’s RVM Enterprises Inc. has acquired media restorations and forensics firm The Oliver Group.
RVM provides e-discovery services and data solutions. The Oliver Group is expected to enhance its global reach and industry-leading capabilities in media restoration, cataloging and preservation.
The acquisition was structured as the purchase of substantially all of The Oliver Group’s assets.
“Coupled with RVM’s proven success, we immediately bring our clients end-to-end services under one umbrella that allows for efficient and streamlined discovery management as well as lowering overall spend for any client’s litigation needs,” Oliver Group partner Dean Felicetti said. “By combining the teams and services of these two companies, we achieve even more critical mass and accelerate our growth internationally.”
The e-discovery services market was about $3.3 billion and growing, with expectations of revenues of $10.71 billion by 2022, according to technology research firm Gartner. Services vendors with a global reach, a large technology portfolio and the ability to provide in-region expertise will be positioned to take advantage of that growth.
“The addition of The Oliver Group allows RVM to continue to address client concerns around their litigation spend by incorporating RVM’s award-winning analytics with The Oliver Group’s proven track record and expertise in media restoration and forensics,” said RVM CEO Vinnie Brunetti. “This acquisition greatly enhances RVM’s global presence and brings incredibly experienced and accredited talent together to create new solutions that will create even more value for our clients and change the market.”
