Bayside Capital Inc. announced Tuesday that is has completed the acquisition of the assets of Alexander Gallo Holdings, parent company to court reporting and litigation solutions companies Esquire Deposition Solutions and Sanction Solutions. Terms of the deal were not released. Esquire Deposition is based in Atlanta.
Bayside Capital, Inc. (“Bayside” or “Bayside Capital”) is pleased to announce that its affiliate has completed the acquisition of the assets of Alexander Gallo Holdings, LLC, parent company to the nation’s leading court reporting and litigation solutions companies, Esquire Deposition Solutions and Sanction Solutions (the “Company”).
The acquisition is the culmination of the Company’s successful strategy to eliminate debt and strengthen liquidity while continuing to provide critical litigation support to more than 10,000 law firm offices and corporate clients nationwide.
“This transaction solidifies our financial footing and provides us with the strategic and financial resources to take advantage of growth opportunities for the benefit of our clients, employees, and stakeholders,” said Alexander Gallo, the Company’s founder. “We look forward to working with Bayside to continue to improve our product and customer service offerings.”
Bayside Capital has worked closely with the Company over the last several months to execute a series of financing transactions, ultimately leading to this acquisition pursuant to Section 363 of the bankruptcy code. Jackson Craig, Managing Director of Bayside Capital, commented, “We believe the Company is an industry leader with an incredibly bright future and we’re eager to work with the Company’s employees and management to continue to build the business.”
About Esquire Deposition Solutions
Based in Atlanta, Esquire Deposition Solutions is the nation’s leading privately-owned court reporting and litigation solutions companies. The Company offers expertise in court reporting, legal video, hosted review, electronic discovery and trial services across its nationwide network of more than 50 offices. The Company’s entrepreneurial strategies and focus on superior client service has driven its unparalleled growth. For more information, visit www.alexandergalloholdings.com .
About Bayside Capital
Bayside Capital is a leading private investment firm with more than $4.5 billion under management. Focused on middle market companies, Bayside is able to invest across the capital structure to consummate transactions on an expedited basis. Bayside Capital has nine offices throughout the U.S. and Europe and 200 investment professionals to draw upon for strategic and operational expertise. Bayside is an affiliate of H.I.G. Capital, a leading global private investment firm with more than $8.5 billion of equity capital under management. Since its founding in 1993, H.I.G. Capital has invested in more than 200 companies worldwide and has developed an extensive track record for creating value for its partners and investors.