Trivest Partners Announces TCDI, a New TGIF Platform Investment
MIAMI--(BUSINESS WIRE)--Feb 25, 2020--
Trivest Partners, LP (“Trivest”) announces it has made a growth investment in Technology Concepts & Design Inc. (“TCDI”), headquartered in Greensboro, North Carolina. The TCDI transaction is the most recent platform investment from the Trivest Growth Investment Fund (“TGIF”), a $225 million fund dedicated to making growth and non-control investments in founder and family-owned businesses.
For over 30 years, TCDI has been a pioneer in the legal market empowering law firms and corporate legal departments to secure, discover, analyze and defend critical data. Specializing in large-scale litigation case management, eDiscovery, managed document review, computer forensics, and cybersecurity, TCDI’s team of experts understand their clients’ specific needs and challenges. The Company’s clients span Fortune 500 companies and large national law firms across North America.
TCDI builds innovative, client driven technology solutions to efficiently organize and securely manage large volumes of data through various tools, including their proprietary CV Suite software (CVLynx, CVFox, and CVOnyx). They understand the importance of data security and privacy and apply advanced security techniques as a standard throughout their organization to protect the confidentiality, integrity and availability of client data and critical systems. The Company’s client-oriented focus has created a differentiated customer and end-user experience.
Jamie Elias, Partner at Trivest, commented, “We are excited to partner with TCDI and Bill Johnson to accelerate TCDI’s solid foundation and impressive track record of innovation and client retention. Trivest will assist the leadership team with an aggressive but thoughtful add-on acquisition program aimed at increasing the Company’s size, scale, presence and capabilities in the coming years.”
“Trivest is really the ideal partner for TCDI given our current growth trajectory. Their deep understanding of the eDiscovery space and the tools they bring to the table as a partner to founder-owned businesses was the optimal outcome for me,” said, Bill Johnson, Founder and Chief Executive Officer of TCDI. “We are tremendously excited about the partnership and path ahead.”
About Trivest Partners
Trivest Partners, LP, with offices in Miami, Los Angeles, Philadelphia, Chicago, and Toronto is a private investment firm that focuses on partnering with founder/family-owned businesses in the United States and Canada in both control and non-control transactions. Since its founding in 1981, Trivest has completed over 350 transactions, totaling approximately $6 billion in value, and has significant experience in assisting tech-enabled business service companies scale through market share capture and add-on acquisitions. For additional information, please visit www.trivest.com
TCDI is a leading provider of eDiscovery, litigation management, forensics, cybersecurity and document review services. The Company offers a range of customer and user-oriented solutions for its clients including its proprietary software (CV Suite), specialized teams of cybersecurity experts, dedicated support teams and scalable document review teams, which includes their Military Spouse Managed Review (MSMR) program. For additional information, please visit www.tcdi.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200225005775/en/
CONTACT: Jamie Elias
KEYWORD: UNITED STATES NORTH AMERICA CANADA FLORIDA NORTH CAROLINA
INDUSTRY KEYWORD: BANKING LEGAL PROFESSIONAL SERVICES FINANCE
SOURCE: Trivest Partners, LP
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PUB: 02/25/2020 11:16 AM/DISC: 02/25/2020 11:16 AM