Franklin Data Takes Digital Discovery Head-On with Explosive Strategic Growth
(PRWEB) July 13, 2015 -- After several embedded partnerships since establishing in May 2000, Franklin Data sets itself up as a primary platform to take the Electronic Discovery, Digital Forensics, and Data Consulting & Expert Testimony industry head-on. In the past 45 days the business has opened offices and hired professionals in Atlanta, GA, Cleveland, OH, New York, NY, and Washington, DC.
To date, the company has raised all its cash from internal shareholders and has closed its initial round of funding for Series A stock. In addition, the company has engaged a well-known investment-banking firm to assist in immediate strategic acquisitions, both domestic and international, and expects to close 1-2 major transactions before year-end 2015. The company is currently in seasoned discussions with private bankers and equity firms to assist in its growth capital requirements.
Franklin Data has also established a fund in order to make investments in the industry that can help its clients mitigate risks and costs related to digital discovery. It’s first investment is in Heureka Software which provides corporate clients the ability to search, evaluate, pre-cull and collect unstructured data from all network endpoints, namely laptops, workstations, and network shares, using a central control console. Franklin Data will begin providing Heureka as a service to its global clients immediately.
Hal Brooks has been hired as a corporate Vice President and COO and will help lead strategic growth in the areas of sales and business development. Hal is located in our newly opened Atlanta, GA office along with other tenured professional staff. Hal’s experience includes several M&A deals in the space, attracting and retaining top sales talent, and innovating client solutions.
The Cleveland expansion is a result of an acquisition of a leading electronic discovery provider with a proprietary review tool called Visual Evidence Review or also known as VE Review. The company has a long list of loyal clients that are amongst some of the more respected global brands. The acquisition is set to close on August 1, 2015 with the price and details held private.
New York is the US hub for financial services businesses and Franklin Data is focusing a large part of its strategic inorganic growth in this market, namely Downtown Manhattan. “Franklin Data chose to locate its New York business office at the newly opened One World Trade Center for proximity to the financial district, access to leading local law firms, and to take part in the most recognizable and desirable address in the world” said Matthew Blake, President and CEO who is also an MBA from Columbia University with deep roots in the city.
Washington, DC is just getting up and running and there is a highly experienced team that is in final negotiations to help lead that market and begin operations by August 1, 2015. Firm management has estimated the DC market to be one of its best opportunities for immediate growth due to the government enforcement and similar regulatory work the company currently provides major law firms and global corporations.
Lastly, Franklin Data has taken the next big step in employer benefits and healthcare and has implemented a plan in partnership with one of the largest employer services organizations to offer incomparable employee benefits with the company covering nearly all costs with a near zero deductible on medical, dental and vision, a complete retirement plan with profit sharing, 401k, HSA, flex spending and countless discount programs for every day things like cellular.
Franklin Data was founded in May of 2000 and is a pioneer in the electronic discovery and digital forensics world bolstered by its consulting and expert testimony services. The company is a global consulting firm with an emphasis on supporting corporations, law firms, insurance carriers, government and academia involved in, or preparing for, digital disputes and investigations. Franklin Data is well known for its high-speed, reliable, defensible, and economic data discovery capabilities. The company is highly technical, quantitative, and statistically strong when it comes to data analytics. Trusted by some of the largest global brands, clients rely on our unique delivery models of Managed Services and Preferred Programs to help control costs and reduce their risk.
The company can be found on the Internet at: http://www.FranklinData.com
Matthew Blake, FRANKLIN DATA VENTURES INC., +1 (949) 200-7600, [email protected]
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