DFX Intelligence
HiGro and DRS Imaging Services
Platform acquisition deal· Edison, NJ
Tech-enabled services, NJ.
No date on record · this record
- Announced
- Mar 20, 2018
- Firms on the deal team
- 2
- Capital providers
- 3
No date on record · this record
Independent sponsor
No principal is named in the announcement.
Equity partners
- Jacmel Growth Partners · Co sponsor
Capital, role not stated
- OFS Capital Corporation · Capital provider
- Modern Bank · Capital provider
The announcement
NEW YORK (PRWEB) March 20, 2018 -- The HiGro Group LLC ("HiGro"), through its affiliate The HiGro Group Fund II, LLC, has acquired majority control of DRS Imaging Services, LLC ("DRS"), a leading provider of a Business Process Outsourcing ("BPO") and Document Technologies Services ("DTS").
DFX analyst research (General-assisted, every claim URL-cited) prweb.comhigrogroup.com higrogroup.comjacmelpartners.com jacmelpartners.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Sponsor and buyer counsel
- Ice Miller · Sponsor counsel for HiGro
Seller and company counsel
- Lentz & Gengaro, LLP · Company counsel for DRS Imaging ServicesPRWeb2018-03-20