ONSITE3 Files for Reorganization and Plans to Be Acquired by Integreon
ONSITE3(TM), a leading global provider of electronic evidence solutions for law firms and corporations, today announced that it has filed for reorganization under Chapter 11 of the bankruptcy code, and that it plans to be acquired by Integreon (www.integreon.com), the global leader of knowledge and legal process outsourcing (KPO and LPO). The Company also announced today that Integreon has completed the acquisition of ONSITE3‘s outstanding pre-bankruptcy secured debt and has agreed to provide debtor-in-possession financing to assure ONSITE3‘s continued operation throughout the reorganization process.
The full announcement can be found here.