Smarsh’s Acquisition of Digital Reasoning


Kirkland & Ellis advised K1 Investment Management and its portfolio company Smarsh Inc. in the transaction.

Smarsh Inc., a global leader in electronic communications archiving solutions for regulated organizations, executed its acquisition of Digital Reasoning Systems, Inc,. a global leader in natural language processing, artificial intelligence and machine learning.

The combined company will enable customers to spot risks before they happen, maximize the scalability of supervision teams, and uncover strategic insights from large volumes of data in real-time.

The Kirkland team was led by transactional partners Adam Phillips (Picture) and Lilit Voskanyan, and included associates Julia Chong, Natalie Jonsson and John Sheridan; tax partner Devin Heckman and associate Allison Bray; technology & IP transactions partner Seth Traxler and associate Michael James; employee benefits partner Alexandra Mihalas and associate Theodore Brown; employment & labor partners Peter Mee and Sydney Jones, and associates Anusheh Khoshsima and Wes Benter; executive compensation partners Rohit Nafday and Malhar Naik, and associates Matthew Wood and Katherine Baker; real estate partner Roberto Miceli and associate Garrett Kurtzweil; environmental partners Paul Tanaka and Michael Saretsky; antitrust & competition partners Ian John, Sally Evans, Katherine Rocco and Stephanie Greco, and associate Miata Eggerly; international trade & national security partner Mario Mancuso and associate Carrie Schroll; debt finance partners Brian Ford and Paul Rezvani, and associates Jeanne Lee John, Steve Soro and Jose Barragan-Monge; capital markets partner Bob Goedert; and transactional partner Jessica Sicsu.

Involved fees earner: Katherine Baker – Kirkland & Ellis; Jose Barragan-Monge – Kirkland & Ellis; Wes Bente – Kirkland & Ellis; Allison Bray – Kirkland & Ellis; Theodore Brown – Kirkland & Ellis; Julia Chong – Kirkland & Ellis; Miata Eggerly – Kirkland & Ellis; Sally Evans – Kirkland & Ellis; Brian Ford – Kirkland & Ellis; Robert Goedert – Kirkland & Ellis; Stephanie Greco – Kirkland & Ellis; Devin Heckman – Kirkland & Ellis; Michael James – Kirkland & Ellis; Ian John – Kirkland & Ellis; Sydney Jones – Kirkland & Ellis; Natalie Jonsson – Kirkland & Ellis; Anusheh Khoshsima – Kirkland & Ellis; Garrett Kurtzweil – Kirkland & Ellis; Jeanne Lee John – Kirkland & Ellis; Mario Mancuso – Kirkland & Ellis; Peter Mee – Kirkland & Ellis; Roberto Miceli – Kirkland & Ellis; Alexandra Mihalas – Kirkland & Ellis; Rohit Nafday – Kirkland & Ellis; Malhar Naik – Kirkland & Ellis; Adam Phillips – Kirkland & Ellis; Paul Rezvani – Kirkland & Ellis; Katherine Rocco – Kirkland & Ellis; Michael Saretsky – Kirkland & Ellis; Carolyn Schroll – Kirkland & Ellis; John Sheridan – Kirkland & Ellis; Jessica Sicsu – Kirkland & Ellis; Steve Soro – Kirkland & Ellis; Paul Tanaka – Kirkland & Ellis; Seth Traxler – Kirkland & Ellis; Lilit Voskanyan – Kirkland & Ellis; Matthew Wood – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: K1 Investment Management; Smarsh;

Author: Ambrogio Visconti