Acquiring Company
Lexitas
Acquired Company
Kusar Court Reporters
Description
Lexitas, a leading provider of technology-enabled litigation services and a portfolio company of funds advised by Apax, announced its acquisition of Kusar Court Reporters. Kusar Court Reporters was founded in 1983 by Jeri Lu Kusar, who has been a certified court reporter for over 45 years. The company's presence in Long Beach, CA helps Lexitas continue its growth in the Western market.
M&A Insights
Based on deal dataIntegration 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