Lexitas, a national provider of litigation support services and a portfolio company of Trinity Hunt Partners since February 2015, has acquired Hoorwitz, Inc. (dba Deitz Court Reporting), a New York-based provider of deposition reporting and legal videography services.
Lexitas, is a provider of litigation support services and offers a full range of deposition transcription reporting, legal video and records retrieval services for law firms and corporate legal departments nationwide. The company is headquartered in Houston with additional offices in New York, Chicago, Sacramento, Dallas, Austin, San Antonio, Corpus Christi, and Fort Worth (www.lexitaslegal.com).
The acquisition of Deitz Court Reporting provides Lexitas a market leading presence in the New York City area and enhances the company’s growing national footprint. “We are excited to welcome the Deitz team to the Lexitas platform” said Gary Buckland, CEO of Lexitas. “This is our third strategic acquisition in the last 12 months, and we are excited to continue to grow Deitz’s strong market presence in the highly attractive New York market.”
“The addition of DEITZ to the Lexitas platform is an important part of our larger strategic plan of national expansion,” said Pete Stein, Managing Partner of Trinity Hunt. “We look forward to working with this combined team as we accelerate our growth plans both organically and through future add-on acquisitions.”
The management team of Deitz, including President Mark Hoorwitz, will remain with the business going forward and Deitz will operate as a division of Lexitas. “We are happy to partner with Lexitas to catalyze our next phase of growth” said Mr. Hoorwitz. “Partnering with Lexitas will transform the New York regional landscape.”
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).
© 2017 Private Equity Professional | August 15, 2017