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Lexitas Announces Acquisition Of Advancedone

Nov 29, 2022•over 2 years ago

Acquiring Company

Lexitas

Acquired Company

AdvancedONE

Houston

Description

Lexitas, a leading provider of technology-enabled litigation services and a portfolio company of funds advised by Apax, announced its acquisition of AdvancedONE. AdvancedONE is comprised of two previous court reporting firms, Advanced Depositions and HG Litigation, each with nearly 40 years in the legal services industry. With multiple offices across the U.S. the addition of AdvancedONE furthers Lexitas' expansion into more markets.

Company Information

Company

Lexitas

Location

Houston, Texas, United States

About

For legal, insurance, and corporate leaders responsible for vital outcomes, Lexitas delivers highly responsive professional services paired with powerful technology to help move your practice, and your business, forward.  Accuracy, timeliness, and reliability are the cornerstones of Lexitas service, which is why we are entrusted with mission imperative support functions by organizations of all sizes.

Company News

(7 articles)
Tue, 05 Aug 2025 07:00:00 GMT

Lexitas Announces Acquisition of TP.One Court Reporting - citybiz

Mon, 10 Jul 2023 23:45:13 GMT

Debbie Weaver - The Business Journals

Wed, 13 Mar 2024 07:00:00 GMT

Lexitas Announces Appointment of Nishat Mehta as Chief Operating Officer & President - PR Newswire

Tue, 14 Mar 2023 07:00:00 GMT

Lexitas achieves strong growth in 2022 and is on pace for a record-breaking 2023 - PR Newswire

Tue, 11 May 2021 07:00:00 GMT

Lexitas Announces Acquisition of Imber Court Reporters - PR Newswire

Tue, 26 Sep 2023 07:00:00 GMT

RASi, A Lexitas Company Announces Acquisition of Esquire Assist, Ltd and AAAgent Services, LLC - PR Newswire

Wed, 18 Aug 2021 07:00:00 GMT

RASi, A Lexitas Company Announces Acquisition of Precision Corporate Services, Inc. - PR Newswire

FundzWatch™ Score

65
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed