Morae Acquires Gimmal, Expanding Its Information Governance Platform

Morae Global Corporation (“Morae”), the trusted, global leader in providing law firms, legal departments and compliance executives with solutions for managing their information lifecycle, today announced that it has acquired Gimmal, the leading end-to-end information governance (IG) software platform for managing the lifecycle of physical and digital records.

Founded in 2002, Gimmal helps enterprises and government agencies tackle their most complex, mission-critical information governance challenges at scale across the full information lifecycle. By integrating Gimmal’s industry-leading IG software products with Morae’s existing technology and comprehensive suite of legal and compliance solutions, Morae will further strengthen its position in and penetration of the legal technology market. The combined platform will enable Morae clients to more effectively manage their full information lifecycle – from creation and classification to retention, migration and defensible disposition – with state-of-the-art software solutions.

"Our clients want complete, comprehensive solutions that address increasingly complex legal, regulatory, and operational demands. Whether the need is software-driven or service-led, our mission is to deploy our significant expertise to create the best-in-class, advanced tech-based solutions that are most relevant to them. The combination of Gimmal’s software with Morae’s MorAI technology, services and consultancy will deliver an unmatched breadth and depth of offerings in our field, meaningfully enhancing the solutions we provide for our clients’ information governance and management needs," said Shahzad Bashir, Chairman and CEO at Morae.

"Joining Morae, a company with global reach and deep, trusted legal technology expertise, marks an exciting new chapter for Gimmal and serves as a huge value-add to our clients seeking holistic, end-to-end solutions. Plugging the leading information governance software into the leading, global legal technology company will deliver myriad new benefits and synergies for our global network of corporate legal departments and law firms," said Craig Carpenter, CEO at Gimmal.

"Morae continues to exemplify what's possible when visionary leadership meets disciplined, technology-driven solutions. Shahzad and his team have worked to redefine how legal services are delivered and this acquisition is an important step forward in building a fully integrated, global platform for legal and compliance innovation," said Richard de Silva, Founder and Managing Partner at Lateral Investment Management, Morae's private equity sponsor.