Macquarie Capital to take significant minority shareholding in Nuix, an Australian-based leading provider of electronic discovery (eDiscovery) and investigation technology software
Online PR News – 20-May-2011 –Sydney, NSW, May 20, 2011 -- Nuix, an Australian-based leading provider of electronic discovery (eDiscovery) and investigation technology software, today announced that Macquarie Capital Group Limited has invested in its business, accelerating the company’s next phase of business growth and expansion.
Macquarie’s decision to invest in Nuix is in recognition of the company’s outstanding technological innovation and strong financial performance over the past five years.
Nuix has customers in over 25 countries, including the world’s leading corporate regulators, advisory firms, litigation support and law firms, as well as a growing number of corporates, particularly in the financial sector.
Macquarie Capital Group Limited Executive Director, David Standen, said: “Nuix has an outstanding leadership team which has positioned Nuix to be a real market leader and deliver world-class eDiscovery solutions to its customers.”
Nuix CEO Eddie Sheehy said: "We are excited to have Macquarie as a major shareholder. We could not ask for a better partner to support our growth. Nuix competes against some of the world’s largest technology companies and Macquarie’s investment will enable us to continue to provide outstanding customer solutions as we continue to enjoy significant global growth.”
The news comes as Nuix was recognised by leading technology industry analysts, Gartner, in their first eDiscovery Magic Quadrant as a Challenger alongside big name brands including IBM, EMC and Symantec.
About Nuix
Nuix makes the world’s fastest and most advanced eDiscovery and electronic investigation software. With revolutionary processing speeds and scalability, Nuix enables litigation support vendors, law firms and corporations to take control of their eDiscovery process, slashing the time and cost and delivering fact-based answers to clients in record time. Nuix has customers in 25 countries including major law firms, corporations, financial institutions, advisory firms, litigation support firms as well as all of the world's leading corporate regulators including the SEC (US), ASIC (Australia), the FSA and SFO (UK) and the JSEC (Japan).
About Macquarie Capital Group
Macquarie Capital Group is an operating group of Sydney-based Macquarie Group Limited, and provides corporate advisory, equity, debt and capital markets services as well as undertaking principal investing activities. Macquarie Capital has offices in over 24 countries including the world’s major financial centres.
Contact :
Paul Manser
Macquarie Capital Group
Level 3, IBM Centre
60 City Road, Southbank
3006, VIC, Australia
+61 (3) 9626 2423
pmanser@mulberrymc.com
http://www.nuix.com/
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