Surge PE announced that it has added leading managed review and legal staffing provider, Tower Legal Solutions, to the Avalon platform. Avalon offers technology-based services like digital forensics, cybersecurity and eDiscovery, as well as business-critical document services.
Tower Legal Solutions, headquartered in New York, NY, has provided law firms and corporate legal departments with staffing and managed solutions since 2007, specializing in attorney engagements, secondment, staff augmentation, managed review, project management, legal operations, contract management, regulatory compliance and direct hire. The company has grown to become a preferred provider of managed review and legal staffing solutions, working closely with Fortune 100 companies and large law firms across the country.
“Tower has an exemplary reputation within the industry, and we are incredibly honored and excited to join together to expand on our current capabilities to help our clients solve challenges and achieve their business goals,” said Jon Bates, CEO, Avalon. “Avalon’s eDiscovery and cybersecurity divisions are among some of the company’s fastest growing divisions, and with the combined services of Tower, particularly their expertise in managed review and legal staffing, we can continue to experience this acceleration of growth and deliver even more critical services to professional service organizations.”
“The success of our business relies on maintaining relationships with the best talent we can find, and by coming together with Avalon, we recognize the power of joining forces with a company that shares our standard for high-quality work and results,” said Leslie Firtell, founder and CEO, Tower Legal Solutions. “Our decision to team with Avalon and Surge PE enables us to service those clients who prefer end-to-end eDiscovery solutions and also allows us to continue to work with our clients who prefer to engage us as a standalone managed review solution. We are confident that this next chapter will spark massive growth and new opportunities for our Tower team and clientele, and we are excited to move forward with the next steps to bolster an even stronger tool kit to help deliver business solutions.”
The transaction closed with debt financing provided by Woodforest National Bank and NorthCoast Mezzanine. Advisors included Kenyon Group as exclusive financial advisor to Tower, BakerHostetler as lead counsel and Moss Adams as diligence provider.