Lexitas, a portfolio company of Trinity Hunt Partners, has acquired Wayne, Pennsylvania-based NextGen Reporting, a provider of deposition reporting, legal videography and trial support services. No financial terms were disclosed.
Lexitas, a leading national provider of litigation support services and portfolio company of Trinity Hunt Partners, today announced the acquisition of NextGen Reporting, a premier provider of deposition reporting, legal videography and trial support services. The acquisition provides Lexitas a market leading presence in the Greater Philadelphia and Delaware area and enhances the company’s growing national footprint.
“We are excited to welcome the NextGen team to our rapidly growing platform,” said Gary Buckland, CEO of Lexitas. “This is our fourth strategic acquisition in the last 12 months, and we are excited to continue to grow NextGen’s strong market presence in the highly attractive Mid-Atlantic corridor and beyond through their industry-leading remote deposition technology.”
“We are honored to partner with Lexitas to enhance the support and growth of our clients and employees,” said NextGen CEO, Jon Hefler. According to NextGen Co-Founder and President, Jason Primuth, “NextGen will expand its footprint and enjoy the benefits of serving as a part of a premier national legal services firm, while providing the same best in class client experience upon which NextGen was founded.” NextGen Co-Founder, David Noteware, added, “I couldn’t be happier with this evolution of the company. Now our clients can enjoy an even more robust service platform for all of their litigation support needs.”
According to Pete Stein, Managing Partner of Trinity Hunt, “The addition of NextGen to the Lexitas platform is an important continuation of our strategic acquisition plan. We look forward to working with this team as we accelerate our growth plans both organically and through future add-on acquisitions.”
Trinity Hunt Partners previously acquired a majority share of Lexitas in February 2015.
About Trinity Hunt Partners
Based in Dallas, TX, Trinity Hunt Partners is a middle market private equity firm with over $630 million under management, focused on building founder and family-owned growth businesses into market leaders. Trinity Hunt has earned a reputation for working effectively with entrepreneurs to provide strategic, operational, and financial expertise to help elevate their companies to the next level of success. In the last two decades, the Trinity Hunt team has invested over $1.3 billion of equity capital in more than 60 platform companies spanning a diverse array of industries and economic cycles. For more information, visit www.trinityhunt.com.