For Immediate Release
Compex Legal Services Acquires OmniDox, LLC
Torrance, California, May 2005Compex Legal Services, Inc. (“Compex”) has completed the acquisition of OmniDox, LLC (“OmniDox”), a leading national provider of litigation document management (“LDM”) solutions headquartered in Kansas City, Missouri. OmniDox’s LDM services include document duplication, printing, binding, conversion, imaging, coding, microfilming, evidence discovery and database and facilities management. OmniDox primarily serves law firm customers, but also provides services to government agencies and corporate clients in the financial, medical and insurance industries. In addition to its Kansas City headquarters, OmniDox operates LDM facilities in Washington, DC, Milwaukee, and St. Louis, as well as the California markets of Los Angeles, San Francisco, Irvine and Palo Alto. Following the acquisition, OmniDox will operate under the name of Compex Litigation Support.
Commenting on the transaction, Jeffrey Bachmann, Compex’s Chief Executive Officer offered, “We are pleased to have completed this acquisition. OmniDox allows Compex to offer litigation document management services in eight attractive markets and will serve as our platform for building a nationwide LDM business. The opportunity to partner with OmniDox’s experienced management team, led by Robin Mayo who will serve as President, is tremendously exciting.”
Compex is a leading provider of outsourced litigation support services to more than 3,500 law firms and 500 insurance carriers located primarily in California and Texas. The Company, which was founded in 1972, provides document retrieval, deposition reporting and process serving services. Waud Capital Partners purchased a controlling interest in Compex in January 2004.
For further information on Compex, visit the Company’s website at . To learn more about the transaction or Waud Capital Partners, contact Reeve B. Waud or Matthew W. Clary at (847) 604-9550 or visit the firm’s website at .
About Waud Capital Partners, L.L.C.
WCP partners with exceptional management teams to invest in middle market buyouts, recapitalizations, industry consolidations and growth equity investments. The firm seeks to invest $10 million to $50 million in private companies in the following four areas: business and consumer services, healthcare services, specialty distribution and value-added manufacturing businesses. Typically, the companies in which WCP invests have enterprise values between $30 million and $150 million. Since its founding, Waud Capital Partners has successfully made more than sixty investments, without a single capital loss, in a wide range of industries, including adhesives, alarm monitoring, automotive components, coatings, consumer products, lighting, litigation services, petroleum distribution, pharmaceuticals, publishing, sealants and specialty hospitals. The firm is backed by a number of institutions, including Citigroup, Middlebury College, SunAmerica, The St. Paul Travelers Companies and the University of Chicago Hospitals, among others, as well as a number of well-known families and high net worth individuals.