U.S. Legal Support Announces Strategic Investment from Abry Partners
HOUSTON--(BUSINESS WIRE)--Dec 4, 2018--U.S. Legal Support, Inc. (“U.S. Legal Support” or the “Company”), the leading provider of litigation support services, including court reporting, record retrieval, interpreting & translations, trial services and transcription services, is excited to announce a strategic and significant investment from Abry Partners (“Abry”), a leading, Boston-based private equity firm.
Abry’s investment not only provides resources to support the Company’s vision for growth, product innovation, expanded capabilities and strategic acquisition efforts, but further cements U.S. Legal Support’s position as the leader in the litigation services space.
“Following several years of significant growth, award-winning service and recognition among our clients, we are enthusiastic to partner with Abry in support of continuing our strong tradition of high client satisfaction,” shared U.S. Legal Support CEO, Charles Schugart. “Abry has an excellent reputation and proven track record for driving growth in its portfolio companies. We are pleased to have a partner that shares our philosophy and look forward to working with them in support of our vision to be the industry-leading provider of litigation support services, providing our clients a competitive edge with access to the best technology and service.”
Nick Scola, Principal at Abry, commented that, “U.S. Legal Support represents an ideal investment for Abry. Charles and his team have built a fantastic company with a scalable sales and customer service focused business model and leading operational processes that allow them to deliver superior service to their clients. We are excited to partner with the team to help accelerate growth and look forward to continuing to invest in the people and technology that will further enhance the Company’s product and service offerings.”
Terms of the investment were not disclosed. Led by James Miller, Deloitte Corporate Finance LLC, served as exclusive financial advisor to U.S. Legal Support in connection with the transaction. U.S. Legal Support’s legal advisor was Moore & Van Allen, PLLC., led by Brian Mesibov. Abry was advised by Kirkland & Ellis, LLP.
About U.S. Legal Support
Headquartered in Houston, Texas and founded in 1996, U.S. Legal Support is a privately held company with over 85 offices located across the United States. As one of the leading providers of litigation services, U.S. Legal Support is the only litigation support company that provides a full suite of court reporting solutions, record retrieval, interpreting & translations, trial services and transcription services to major insurance companies, corporations and law firms nationwide. For more information about U.S. Legal Support, visit the company’s website at: www.uslegalsupport.com.
About Abry Partners
Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since their founding in 1989, the firm has completed over $80 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds. For more information about Abry, visit the firm’s website at: www.abry.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005996/en/
CONTACT: U.S. Legal Support, Inc.
Jenny Stone, 800.993.4464
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS TEXAS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE LEGAL
SOURCE: U.S. Legal Support, Inc.
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PUB: 12/04/2018 02:50 PM/DISC: 12/04/2018 02:50 PM