Add-on Acquisition • Business Services

Lexitas Acquires Strehlow

On February 22, 2022, Lexitas acquired business services company Strehlow

Acquisition Context
  • This is Lexitas’ 22nd transaction in the Business Services sector.
  • This is Lexitas’ 23rd transaction in the United States.
  • This is Lexitas’ 2nd transaction in Pennsylvania.

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M&A Deal Summary

Date February 22, 2022
Target Strehlow
Sector Business Services
Buyer(s) Lexitas
Deal Type Add-on Acquisition

Target Company

Strehlow

Newtown, Pennsylvania, United States
Strehlow is a full-service Court Reporting Agency that provides individualized personal service to each and every one of its clients. Strehlow was formed in 1994 and is based in Newtown, Pennsylvania.
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Buyer Overview 1

Buyer

Lexitas

Houston, Texas, United States

Category Company
Founded 1987
Sector Business Services
DESCRIPTION

Lexitas is a provider of litigation support services to law firms and insurance companies. Services include medical record retrieval, court reporting, and legal videography. Lexitas was formed in 1987 and is based in Houston, Texas.


Deal Context for Buyer #
Overall 23 of 35
Sector: Business Services 22 of 33
Type: Add-on Acquisition 23 of 34
State: Pennsylvania 2 of 4
Country: United States 23 of 35
Year: 2022 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 TaylorMorse

Laguna Hills, California, United States

TaylorMorse is a premier resource for medical record retrieval and serves both the legal and insurance community. It offers a broad spectrum of services that aid in the production, retention, management, and processing of documents for the insurance and legal communities. TaylorMorse was founded in 2000 and headquartered in Laguna Hills, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 Yorkson Legal

New York, New York, United States

Yorkson Legal is a legal & compliance staffing firm that provides quality attorneys, paralegals, and legal support staff on a temporary, temporary-to-hire, and direct-hire basis. The company also specializes in placing legal professionals—as well as legal support personnel—with law firms and corporate legal departments. Yorkson Legal was founded in 2003 and is based in New York City.

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