Garden City Group, LLC
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Garden City Group, LLC - overview
Established
1984
Location
-, NY, US
Primary Industry
Business Support Services
About
Garden City Group, LLC specializes in providing comprehensive legal and compliance services, employing innovative technology and methodologies to optimize operational effectiveness for clients around the globe. Garden City Group, LLC is known for its expertise in settlement administration and legal services. Founded in 1984 in the US, it has undergone a significant change by being acquired by EPIQ Systems, Inc. in June 2018 for USD 42 million.
The deal marked a strategic shift in its operations, as EPIQ Systems, Inc. is a prominent player in the legal technology space. The company was founded by James Wilson, who has a history of leadership in the legal sector. Following the acquisition, Garden City Group, LLC is set to rebrand as EPIQ Systems, Inc.
in the fourth quarter of 2018. Garden City Group, LLC offers a broad array of legal and compliance services aimed at improving operational efficiency. Their service offerings include advanced eDiscovery solutions, managed services, compliance and regulatory risk insights, legal transformation services, and document processing support. These services tackle complex legal challenges and are designed to enhance the management of settlement administration, corporate restructuring, and information governance.
The company serves a diverse clientele that spans multiple industries including automotive, healthcare, financial services, and law firms, operating across major markets such as North America, Europe, Asia-Pacific, and Latin America. In 2017, Garden City Group, LLC reported a revenue of USD 76. 20 mn, with an EBITDA of USD -4. 40 mn.
The company's revenue is generated primarily through subscription-based models, managed service agreements, and project-based engagements, reflecting long-term partnerships that leverage its service portfolio. Looking ahead, Garden City Group, LLC plans to expand its suite of services with new product offerings aimed at enhancing legal compliance and operational efficiency. The company is targeting growth in specific markets such as Europe and Asia-Pacific by the end of 2019. The recent funding round led by EPIQ Systems, Inc.
will be utilized to support these initiatives, particularly in strengthening technological infrastructure and enhancing service delivery capabilities. The company’s transition to rebranding as EPIQ Systems, Inc. will also reflect its commitment to innovation in legal services.
Current Investors
EPIQ Systems, Inc.
Primary Industry
Business Support Services
Sub Industries
Corporate Law
Website
www.gardencitygroup.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Garden City Group, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Garden City Group, LLC | - |
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