Surge Private Equity Acquires Avalon Document Services
September 30, 2022
Dallas-based Surge Private Equity closed a majority platform investment in Avalon Document Services, a technology-enabled legal services provider, in a transaction valued at approximately $36 million. Woodforest National Bank provided debt financing; Avalon founder JP Midgley retained equity and will remain as a senior executive. Avalon operates nationwide with eight regional offices, ~145 employees, and offers e-discovery, digital forensics, cybersecurity, BPO and document services to law firms and corporations.
- Buyers
- Surge Private Equity, LLC
- Targets
- Avalon Document Services, Inc.
- Sellers
- JP Midgley
- Industry
- Professional Services
- Location
- United States
- Transaction Type
- Buyout
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