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New Deal


Announced

Completed

Apax Funds completed its acquisition of Lexitas from Trinity Hunt.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Management Consulting

litigation support

United States

Private Equity

Single Bidder

Acquisition

Private

Friendly

Completed

Synopsis

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Apax Partners completed its acquisition of Lexitas, a technology-enabled litigation services provider, from Trinity Hunt, which operates as a private equity firm. Financial terms were not disclosed. "We are very excited to partner with the Apax team as Lexitas continues to broaden its reach in the outsourced litigation services market. There is tremendous opportunity to expand the depth and quality of our offerings for our clients while continuing to support growth in the business through strategic acquisitions. We are proud to have partnered with Trinity Hunt in growing Lexitas to where it is today and look forward to an exciting future with Apax," Gary Buckland, Lexitas CEO.

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