Avalon (Surge PE) Adds Tower Legal Solutions to Avalon Platform

Surge Private Equity Acquires Avalon Document Services

September 30, 2022

Professional Services

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.

Sole Source Capital-backed Peak Technologies Acquires Avalon Integration

January 10, 2022

IT Services

Sole Source Capital’s portfolio company Peak Technologies has acquired Avalon Integration, a Lebanon, New Jersey-based system integrator focused on digital supply chain, retail and mobile workforce solutions. The add-on expands Peak's geographic reach in the Northeast, strengthens capabilities in healthcare, pharmaceutical and grocery end markets, and creates cross-selling opportunities to enterprise customers; terms were not disclosed.

Tortuga Growth Partners-Backed SmarTek21 Acquires IT Avalon

May 29, 2025

IT Services

Tortuga Growth Partners-backed SmarTek21 has completed a strategic combination with IT Avalon, a technology consulting firm serving enterprise clients in regulated industries. The add-on expands SmarTek21's engineering and digital transformation capabilities—adding roughly 150 employees and deeper footholds in financial services, healthcare, gaming, and hospitality—bringing the combined organization to over 650 global associates.

Assurance Software Acquires Avalution Consulting

April 28, 2020

Software

Assurance Software, a Resurgens Technology Partners-backed provider of business continuity management software and services, has acquired Avalution Consulting, a Cleveland-based business continuity consulting firm and software creator. The deal combines Assurance's software and services with Avalution's advisory capabilities (including the BCOS methodology and Catalyst software) to expand the combined organization's BCM offerings for enterprise and public-sector clients.

Clearstead Advisors Acquires Avalon Trust

March 1, 2023

Wealth Management

Clearstead Advisors has acquired Avalon Trust, a Santa Fe-based wealth management and trust firm, expanding Clearstead's presence in the Southwest and bolstering its trust capabilities. Avalon — which manages approximately $2 billion in assets and has 13 employees — will join Clearstead's platform, with Avalon leaders becoming partners and the combined firm overseeing roughly $28 billion in assets under advisement and management.

EverService (Sunstone) Acquires iLawyer Marketing with Capital Infusion from Audax Strategic Capital

September 14, 2023

Marketing & Advertising

Audax Strategic Capital provided a structured equity investment into EverService, a Sunstone Partners portfolio company, to support organic growth and M&A activity. EverService used the capital to acquire iLawyer Marketing, a San Diego-based legal-focused digital marketing firm, expanding EverService's end-to-end legal client acquisition and engagement capabilities; terms were not disclosed.