OMERS Private Equity has acquired Document Technologies, a provider of legal process outsourcing services, from Harvest Partners which first invested in the company in December 2011.
“The investment in Document Technologies is consistent with OMERS’ strategy of acquiring industry leading companies with world class management teams in sectors experiencing transformational growth. Document Technologies is a very strong addition to our growing business services portfolio in North America,” said Michael Graham, Country Head USA and Co-Head North America for OMERS Private Equity.
Document Technologies (DTI) is a provider of legal process outsourcing services. The company’s technology-enabled services include litigation forensics consulting, electronic discovery hosting, managed review, legal staffing, and risk and compliance services. The company’s 3,000 employees provide services to over 3,000 corporate and law firm clients. DTI is based in Atlanta and has 29 offices nationwide and on-site client services in nearly 70 markets (www.DTIglobal.com).
OMERS Private Equity manages the private equity activities of OMERS, one of Canada’s largest pension funds. The group’s investment strategy includes the active ownership of businesses in North America and Europe. Sectors of interest include manufacturing, financial and business services, industrial and consumer products, transportation, and technology. Investment sizes range from $100 million to $500 million. The firm is located in Toronto with offices in New York and London and has $6 billion of investments under management (www.omerspe.com).
“We are excited about our partnership with OMERS Private Equity. Their culture, large capital base, international presence and long-term investment approach make them an ideal partner for DTI as we strive to become the provider of choice in the legal process outsourcing industry,” said John Davenport, Jr. , CEO of DTI.
Harvest Partners, which acquired Document Technologies in December 2011, invests in management buyouts and growth financings. Sectors of interest include business and industrial services, manufacturing and distribution, healthcare, midstream energy, and consumer products and retail sectors. The firm was founded in 1981 and is based in New York (www.harvpart.com).
2014 PEPD • Private Equity’s Leading News Magazine • 8-20-14
