Veritext Legal Solutions Acquires U.S. Court Reporting Business from Epiq

“While this was a solid business for Epiq, it was clear to us that it would be best served if aligned with an organization focused on investing in and growing court reporting and related services in the U.S.,” said David Dobson, chief executive officer of Epiq. “Veritext is growing and committed to the court reporting industry on all levels and a perfect fit to service the needs of our court reporting clients.”

Editor’s Note: While this acquisition is court reporting-centric, it is covered as part of ComplexDiscovery’s coverage of mergers, acquisitions, and investments in the eDiscovery ecosystem based on Veritext and Epiq positioning in that ecosystem.

Press Announcement

Veritext Legal Solutions, the leader in deposition and litigation support solutions, and Epiq, a global leader in the legal services industry, announce [March 21, 2019] Epiq has divested its U.S. court reporting business to Veritext.

Through this acquisition, Veritext will remain committed to Epiq court reporting clients and will continue to deliver the best service in the industry, including world-class data security, while providing additional opportunities for employees and independent contractors. Additionally, Epiq court reporting clients will now enjoy many new advanced technologies and solutions designed to streamline the deposition process as well as gain access to more than 60-plus brick-and-mortar Veritext locations across North America equipped with state-of-the-art deposition suites.

While it will be “business as usual” for the time being, changes resulting from the acquisition will be taking place in the coming months and will include Epiq U.S. court reporting employees moving to Veritext locations across the country and transitioning all Epiq U.S. court reporting activity to the Veritext Legal Solutions brand.

“While this was a solid business for Epiq, it was clear to us that it would be best served if aligned with an organization focused on investing in and growing court reporting and related services in the U.S.,” said David Dobson, chief executive officer of Epiq. “Veritext is growing and committed to the court reporting industry on all levels and a perfect fit to service the needs of our court reporting clients.”

“We are excited to welcome Epiq U.S. court reporting to the Veritext family,” states Nancy Josephs, chief executive officer of Veritext. “This acquisition brings us talented staff, market-leading clients and some of the best independent contractors in the business, and we are excited to have them as part of our team. We have a long-standing history of being a prominent supporter of the stenographic court reporting community. We know that stenographic court reporting is an irreplaceable gold standard of testimony capture, and this acquisition further solidifies our commitment to this profession and the community overall.”

Advisor to Epiq for this transaction was Bryan Cave Leighton Paisner LLP.

The terms of the transaction were not disclosed.

About Epiq

Epiq, a global leader in the legal services industry, takes on large-scale, complex tasks for corporate counsel, law firms and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.

About Veritext Legal Solutions

Veritext (www.veritext.com) is the leader in deposition and litigation support solutions and provides state-of-the-art facilities, highly skilled reporters, advanced technology and unmatched client service for law firms and corporations nationwide. Our solutions utilize the latest easy-to-use technologies that streamline the deposition process, enhance delivery flexibility and reliably handle from the simplest to the most complex cases. Proprietary video, mobile and remote services combined with unmatched security, including HIPAA and PII compliance, ensure that Veritext clients have the best tools available and the confidence of working with the market leader.

Additional Reading

Source: ComplexDiscovery

Business as Unusual? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2020

The results of the recent Summer 2020 eDiscovery Business Confidence Survey present the unfortunate and continuing impact of COVID-19 on the business of eDiscovery. However, for these pandemic-driven results to be fully understood, they should be viewed through the contextual lens of the results of all nineteen surveys that have been administered to eDiscovery professionals since the inception of the eDiscovery Business Confidence Survey in early 2016.



Check Out the Observations Now!

ComplexDiscovery combines original industry research with curated expert articles to create an informational resource that helps legal, business, and information technology professionals better understand the business and practice of data discovery and legal discovery.

All contributions are invested to support the development and distribution of ComplexDiscovery content. Contributors can make as many article contributions as they like, but will not be asked to register and pay until their contribution reaches $5.

Mitratech Acquires Tracker Corp

The acquisition supports Mitratech’s mission to provide legal and compliance solutions...

A Window into Malware? The New Malware Reverse Engineering Handbook from CCDCOE

According to Wikipedia, malware analysis is the study or process of...

Much Ado About Something? The Hype Cycle for Legal and Compliance Technologies (2020)

The information and insight highlighted by Marko Sillanpaa of Gartner in...

You Want Answers? EDPB FAQ on CJEU Schrems II Decision

Following the recent judgment of the Court of Justice of the...

A Running List: Top 100+ eDiscovery Providers

Based on a compilation of research from analyst firms and industry...

The eDisclosure Systems Buyers Guide – 2020 Edition (Andrew Haslam)

Authored by industry expert Andrew Haslam, the eDisclosure Buyers Guide continues...

The Race to the Starting Line? Recent Secure Remote Review Announcements

Not all secure remote review offerings are equal as the apparent...

Enabling Remote eDiscovery? A Snapshot of DaaS

Desktop as a Service (DaaS) providers are becoming important contributors to...

Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations

One of the key home (onsite) or away (remote) decisions that...

Revisions and Decisions? New Considerations for eDiscovery Secure Remote Reviews

One of the key revision and decision areas that business, legal,...

A Macro Look at Past and Projected eDiscovery Market Size from 2012 to 2024

From a macro look at past estimations of eDiscovery market size...

An eDiscovery Market Size Mashup: 2019-2024 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software...

Business as Unusual? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2020

Based on the aggregate results of nineteen past eDiscovery Business Confidence...

A Growing Concern? Budgetary Constraints and the Business of eDiscovery

In the summer of 2020, 56% of respondents viewed budgetary constraints...

A Change in Tempo? eDiscovery Operational Metrics in the Summer of 2020

In the summer of 2020, 91 eDiscovery Business Confidence Survey participants...

Shifting Gears? eDiscovery Business Confidence Survey Results – Summer 2020

This is the nineteenth quarterly eDiscovery Business Confidence Survey conducted by...

Mitratech Acquires Tracker Corp

The acquisition supports Mitratech’s mission to provide legal and compliance solutions...

XDD Acquires LightSpeed Legal

According to David Moran, XDD President, and COO, “As we continue...

XDD Acquires RVM

According to XDD CEO Bob Polus, “Merging forces with RVM further...

Ipro Acquires NetGovern

According to Dean Brown, CEO at Ipro Tech, “We are thrilled...

Five Great Reads on eDiscovery for July 2020

From business confidence and operational metrics to data protection and privacy...

Five Great Reads on eDiscovery for June 2020

From collection market size updates to cloud outsourcing guidelines, the June...

Five Great Reads on eDiscovery for May 2020

From review market sizing revisions to pandemeconomic pricing, the May 2020...

Five Great Reads on eDiscovery for April 2020

From business confidence to the boom of Zoom, the April 2020...