Gallant Capital Sells Reveal Marking First Exit in Inaugural Fund

LOS ANGELES–(BUSINESS WIRE)–Gallant Capital Partners (“Gallant”), a Los Angeles-based investment firm, announced today the sale of Reveal Data Corporation (“Reveal”) to K1 Investment Management (“K1”). Reveal will merge with Brainspace Corporation (“Brainspace”) under K1’s ownership. Financial terms of the transaction were not disclosed.

Gallant invested in Reveal, a leading provider of cloud-based eDiscovery software solutions in November 2018, partnering with Wendell Jisa, Founder & CEO of Reveal, to drive accelerated growth and aggressively pursue strategic acquisition opportunities. In 2019, Reveal acquired Mindseye, a complementary software solution specializing in advanced processing and early case assessment tools and in 2020, Reveal acquired NexLP, a leading artificial intelligence software solution for eDiscovery professionals. Through the successful implementation of the Gallant Operations and Analytics Transformation playbook, coupled with the completion and integration of both add-on acquisitions, Reveal experienced exponential growth and transformed itself into a market leading, AI-powered end-to-end eDiscovery software platform.

“Reveal has undergone a significant transformation and today is a leader in the eDiscovery software market,” said Jon Gimbel, Anthony Guagliano and Desmond Nugent, Partners at Gallant. “Through the acquisitions of Mindseye and NexLP as well as significant investments made into the Reveal platform and organization, the company has developed a leading position in the market by providing a comprehensive, end-to-end suite of eDiscovery software solutions. Reveal has done a tremendous job expanding and executing upon its strategy and Gallant is confident that Reveal will continue to build on its strong momentum. We have enjoyed working with Wendell and the rest of the Reveal team and would like to thank them for trusting our team and for their hard work and dedication in driving towards this successful outcome. Reveal has grown significantly under Gallant’s ownership and is well positioned to continue its growth trajectory.”

Wendell Jisa, CEO of Reveal, added, “It has been a pleasure working with Gallant and I could not have chosen a better partner. I truly appreciate the guidance, resources and leadership that Gallant provided from start to finish.”

Stradling Yocca Carlson & Rauth acted as legal advisor to Reveal and Gallant.

About Gallant Capital Partners

Gallant Capital Partners is a private equity firm that makes control investments in technology, industrial and business services companies. Gallant executes on an operationally focused investment strategy with a focus on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with owners, founders, family-owned companies and management teams to maximize value and long-term, sustainable growth for portfolio companies. Gallant Capital Partners was founded in 2018 and is headquartered in Los Angeles. For more information please visit: www.gallantcapital.com.

Contacts

For More Information Contact:
Jamie Kim, Head of Business Development

jkim@gallantcapital.com