Lexitas, a national provider of litigation support services and a portfolio company of Trinity Hunt Partners since February 2015, has acquired Automated Records Collection (ARC) (DBA Legal Monkeys), a provider of records retrieval services.
ARC is led by its president Corey Cormier and is headquartered in Bryan, TX. “ARC is an excellent fit with Lexitas,” said Gary Buckland, CEO of Lexitas. “The acquisition will deepen our presence in the records retrieval space while strengthening our reach nationwide. This is our fifth strategic acquisition in the last 18 months, and we are excited to continue to add service capabilities to better serve our highly valued clients.” Click HERE for the ARC website.
Lexitas’ services include a full range of deposition transcription reporting, legal videography, and records retrieval services for law firms and corporate legal departments nationwide. The company, formerly known as Deposition Solutions, is headquartered in Houston and has additional offices in New York, Philadelphia, Chicago, Sacramento, Dallas, Austin, San Antonio, Corpus Christi, and Fort Worth (www.lexitaslegal.com).
“The acquisition of ARC is an exciting milestone for Lexitas and Trinity Hunt Partners. The addition of the stellar management team and systems within ARC will help us accelerate our growth within the records retrieval industry,” said Blake Apel, a Principal at Trinity Hunt.
The legal services industry is not new to Trinity Hunt. In November 2017, through its fourth fund, the firm acquired IMS ExpertServices, a provider of expert witness search and placement services. Another fund four portfolio company is Consilio, a Washington, DC-based provider of eDiscovery and document review services with an emphasis on litigation, antitrust, and internal and regulatory investigations. Earlier, through its third fund, Trinity Hunt invested in National Default Exchange (NDE), a provider of default management services (default processing, bankruptcy case management, title, and conveyance/closing litigation) to law firms and loan servicers. Trinity Hunt exited NDE in 2008.
Trinity Hunt invests in companies that have EBITDAs between $5 million and $25 million and enterprise values between $25 million and $150 million. Sectors of interest include B2B business services, niche manufacturing, industrial services, non-cyclical consumer and healthcare services. Trinity Hunt is based in Dallas (www.trinityhunt.com).
© 2018 Private Equity Professional | March 8, 2018