US-company acquires impactvise’s ESG technology and data

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11.08.2023
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Chicago-based Justice Bid, the premier legal sourcing platform for selecting outside counsel and diversity analytics, and Swiss start-up impactvise, a leading ESG data insights company, team up. Justice Bid has takes over the operative business and the dataset of impactvise. The Swiss company will support the further development and expansion.

Over the past two years, impactvise has built a powerful technology that provides comprehensive and reliable ESG data insights to law firms and legal departments worldwide. Justice Bid, headquartered in Chicago, is a diversity analytics and e-sourcing company transforming how companies embed Diversity, Equity, and Inclusion (DEI) into their business operations through data intelligence and transparency tools.

By integrating impactvise's data in its platform, Justice Bid enables clients to now benefit from an even more comprehensive suite of information critical to achieving their ever-important DEI and sustainability goals. Omar Sweiss, Founder and CEO of Justice Bid, expressed his excitement, stating, “as Justice Bid continues to disrupt both diversity analytics and legal sourcing, we are thrilled to incorporate impactvise’s leading ESG metrics into our solution, making it a one-stop shop for making data driven decisions when selecting outside counsel.”

“We are very pleased to announce this transaction with Justice Bid," said Adrian Peyer, Co-Founder and CEO of impactvise. “By forging this exclusive alliance, we are empowering the legal industry with a rich blend of data and expertise to be used in selecting outside counsel. We are ecstatic to enter this transaction with Omar and his team at Justice Bid, who have proven they are looking to set the standard in the industry around DEI, and share our commitment to sustainable practices, innovation, and driving the legal ESG market forward.” The transaction is intended to boost growth in the US market. The impactvise team will support the further development and expansion.

(Press release / SK)

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