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Veritext
Veritext is the second-largest provider of court reporting services in the U.S. The company has a diversified base of more than 2,000 clients and maintains a national presence through affiliations with more than 500 court reporting agencies and 9,000 individual court reporters.
Exit Summary: 5.1x Gross Cash-on-Cash Return; 38% Gross IRR
- Acquired:
- August 2005
- Exited:
- July 2010
- Industry:
-
,
- Region:
- North America
- Location:
- Florham Park, New Jersey
- Fund:
- Riverside Capital Appreciation Fund
(
03
)
- Add-on Acquisitions:
-
Doerner & Goldberg, Inc. of Roseland, New Jersey (February 2007)
First Services of Philadelphia, Pennsylvania (February 2007)
Knipes Cohen Associates Inc. of Philadelphia, Pennsylvania (August 2007)
Priority One of Staten Island, New York (February 2008)
Corbett Reporting of Wilmington, Delaware (February 2009)
- Website:
- http://www.veritext.com/
- News Releases:
- Riverside Testifies To Latest Acquisition
- Riverside Earns Legal Victory With Sale Of Court-Reporting Firm
- Riverside Witnesses Eight Add-On to Court Reporting Firm