Pangea3 inducts heavyweights Wisner and Hildebrandt to Board Waiting for right acquisition opportunity

Pangea3 Inc., leading provider of legal outsourcing services announced yesterday that Ambassador Frank G. Wisner (pictured, extreme left) and Brad Hildebrandt (pictured, second from left) have joined its Board of Directors. Ambassador Wisner is a retired Career Ambassador with the State Department, the highest grade in the Foreign Service. Brad Hildebrandt is the Chairman and Founder of Hildebrandt International, that provides a management consultant services for law firms..Pangea3 Inc., the leading provider of legal outsourcing services to corporations and law firms, announced yesterday that Ambassador Frank G. Wisner (pictured, extreme left) and Brad Hildebrandt (pictured, second from left) have joined its Board of Directors. Ambassador Wisner is currently a Foreign Affairs Advisor with Washington based law firm, Patton Boggs LLP. Ambassador Wisner is a retired Career Ambassador with the State Department, the highest grade in the Foreign Service. Brad Hildebrandt is the Chairman and Founder of Hildebrandt International, that provides a management consultant services for law firms..Pangea3 CEO Sanjay Kamlani (pictured, second from right), speaking to Bar & Bench said, “Ambassador Wisner is highly recognized as one of the nation’s leading experts on US -India relations, international affairs and public policy. We are also looking at strategic individuals who can create an impact in the Global Legal Industry.”.“As experts on the legal industry and India, they will be invaluable for Pangea3’s continued growth and industry leadership,” said Pangea co-CEO, David Perla (pictured, extreme right) through a media release. Currently, the Board of Directors of Pangea include Larry Graev, the Chairman, President and Chief Executive Officer of The GlenRock Group LLC and Chairman of Pangea3’s Board of Directors, Sumir Chadha, Managing Director with Sequoia Capital India, and Pangea3 Co-CEOs, David Perla and Sanjay Kamlani as members of the board..Speaking to Sanjay Kamlani on whether Pangea3 is looking to acquire any other LPOs and service providers, he mentioned that, “We don’t set a target that we must acquire a company by a predetermined date. When presented with a good opportunity, we opportunistically evaluate pros and cons and decide accordingly. This year we were presented with 4 acquisition opportunities and elected not to go forward on them.”.80 percent of Pangea3’s clients are Fortune 500 companies. Kamlani was quick to point out that there has been an increasing trend where law firms, both in the US and UK are looking at LPO’s to partner with them and therefore are directly approaching us. “This helps the law firms in providing better services to their Clients and also maintain their strategic advantage,” he said..In 2007, Pangea3, closed a $7 million (28 Crores) in Series C funding, funded by Sequoia Capital India and opened a 16,000 square feet facility in Andheri, Mumbai to house 250 attorneys and professionals.