About the NextGen Deal
Philadelphia, PA – Mufson Howe Hunter, a leading investment banking firm serving companies in the middle market, is pleased to announce the sale of Next Generation Reporting LLC to Deposition Solutions, LLC dba Lexitas. Terms of the transaction were not disclosed.
NextGen is a national court reporting firm that provides innovative remote deposition services as well as traditional court reporting services to law firms, insurance companies and other clients involved in litigation proceedings. In addition, the Company provides deposition videography, trial presentation consulting, trial video services as well as a managed service offering. NextGen’s robust technology platform enables its clients to conduct depositions from remote locations and allows experts, adjusters, witnesses and counterparties to attend the proceedings using practically any internet-connected device.
Mufson Howe Hunter acted as the exclusive financial adviser to NextGen, working closely with the Company’s management team throughout the sale process. David Noteware, CEO of NextGen, commented, “We were exceptionally pleased to have the MHH team alongside us throughout the sale process. They showed a strong level commitment to working with us from the inception of this process until its conclusion. This effort directly resulted in an outcome that was completely satisfactory to all of the owners and management of NextGen.”
Mufson Howe Hunter, an investment banking firm established in 2004, focuses on merger and acquisition transactions and the placement of growth capital for middle market companies. MHH’s senior investment bankers each have over two decades of transactional experience across many industries, including business services, consumer products, information technology, manufacturing and retail services. MHH advises both publicly- and privately-held companies, with a particular focus on family-held and private equity-backed businesses.