CapStar Bank Closes Financing with Modus Discovery

The arrangement provides longer-term capital for infrastructure, working capital and investment to support market expansion.

Press Announcement

Modus, a leading provider of eDiscovery business intelligence services, today [October 1, 2018] announced that it has closed financing with CapStar Bank to support growth and investment.

“Modus is one of the great stories within the eDiscovery industry and the transformation of the business has been remarkable,” says Brad Greer, Executive Vice President of CapStar Bank. “The new projects from existing customers, managed service agreements with new customers, revenue and profit were compelling for us. We were also very impressed with the transparency of leadership.”

“This financing comes at a perfect time as the business has hit an inflection point and having a partner like CapStar was important,” says Steven Horan, Chairman and CEO of Modus. “We had several financing options but were drawn to CapStar’s partnership approach. We look forward to this relationship for many years to come.”

About Modus

Modus is an innovative eDiscovery company that helps law firms and corporations optimize their eDiscovery matters by orchestrating pristine communication between people, processes and technologies. Modus’ advanced suite of eDiscovery and managed service solutions helps clients leverage critical business intelligence to make better-informed legal business decisions. For more information about Modus, please visit http://www.discovermodus.com.

About CapStar Bank

At CapStar Bank, we’re listening. We want to earn not just your business, but your confidence and loyalty. We do that every day by listening well and asking better questions, so we can respond in a highly personalized way. It’s a seemingly simple touch that makes a tremendous difference in the experience you have here. For more information about CapStar, please visit https://capstarbank.com.

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