VRA Partners Advises Ivize Services in a Sale Transaction to Azalea Capital
VRA Partners, LLC is pleased to announce that Ivize Services, Inc. ("Ivize"), a leading provider of litigation support and document management services, has been acquired by Azalea Capital, a private equity firm based in Greenville, South Carolina. VRA Partners acted as the exclusive financial advisor to Ivize. The transaction closed on December 17, 2010. Terms of the transaction were not disclosed.
Ivize, headquartered in Atlanta, Georgia, is one of the nation's leading providers of litigation support, electronic data discovery and related services, including data forensics and collections, imaging, coding and reprographics. It supports law firms, corporations, and government entities to prepare for and respond to their most critical discovery and litigation needs, while committing to the highest defensibility, quality, and cost-efficiency standards. Established in 1995, Ivize serves 14 markets with a state-of-the-art data center in Kansas City and two hosting partner sites, along with some of the industry's foremost experts.
VRA Partners, an independent Atlanta-based investment bank, focuses on providing M&A services to middle-market companies and private equity firms. VRA Partners also assists companies with raising capital for growth, acquisitions, recapitalization, going-private and management buy-out transactions, and provides fairness opinions, valuations and strategic advisory services. The professionals of VRA Partners have completed more than 500 transactions across a broad range of industry sectors, including business services, consumer and retail, healthcare, industrial, media and technology. VRA Partners, LLC is a Member FINRA/SIPC. For more information, please visit our website at www.vrapartners.com.