Epiq, a legal services provider, announced it has divested its U.S. court reporting business to Veritext Legal Solutions, a Livingston-based provider of deposition and litigation support services,
Under the deal, Veritext will remain committed to Epiq’s court reporting clients. After the deal has closed, those clients will have access to more than 60 brick-and-mortar Veritext locations across North America. Epiq’s court reporting employees will also move to Veritext locations throughout North America.
“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.,” David Dobson, CEO of Epiq, said. “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,” Nancy Josephs, CEO of Veritext, said. “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.”
Financial and other terms of the deal were not disclosed.
