File & ServeXpress has been sold to Strait Lane Capital Partners

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that a consortium of investors led by Rosewood Private Investments (“Rosewood”) has completed the sale of File & ServeXpress, LLC (“FSX” or the “Company”) to an investor group led by Strait Lane Capital Partners (“SLCP”). The terms of the transaction were not disclosed.

FSX is a leading SaaS provider of online document exchange services and payment solutions for legal professionals and court systems in the U.S. The Company connects legal professionals, court personnel, legal administrators and other stakeholders together through its suite of integrated solutions that meet the needs of all types and sizes of courts, firms, cases and practice areas. With more than 30 years of legal technology and payment services experience, the Company has achieved a market-leading position through its highly scalable and universally compatible SaaS platform, premium value proposition to customers, secure payment technology and superior service, training and customer support. FSX manages more than 75 million documents, has more than 190,000 registered users and works in over 1,300 courts on behalf of over 130,000 law firm clients nationwide, including the top 100 litigation firms in the country.

“Lincoln executed a well-structured and professional sale process involving a diverse group of potential strategic and financial acquirers and provided disciplined execution throughout a complex transaction,” said Marquez Bela, Director at Rosewood. “Lincoln’s software knowledge, guidance and thoughtful advice were invaluable in securing a successful transaction.”

“We’re pleased to have worked with FSX on this important transaction and look forward to watching it continue to grow its leadership position under Strait Lane’s ownership,” said Scott Twibell, Managing Director and Co-Head of Technology, Media & Telecom at Lincoln.

Lincoln acted as the exclusive financial advisor to the Board of Managers of FSX in this transaction, working closely with FSX’s senior management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

About File & ServeXpress

File & ServeXpress, headquartered in Irving, Texas, focuses on providing attorneys with case, document and party management solutions that simplify the litigation workflow of a case. By offering electronic filing to courts, process services, secure document exchange among judges and attorneys, alert and notification tools, and a document repository, File & ServeXpress offers a complete litigation solution for the life of a case. File & ServeXpress was formed in 2012 through an acquisition of two of the pioneers of e-filing and electronic service — CaseFileXpress and File & Serve, a former LexisNexis company. The resulting combination brought together products and teams with more than 30 years of experience in legal e-filing and service delivery, forming the leader in the industry. More information about FSX can be obtained at www.fileandservexpress.com.

About Rosewood Private Investments

Rosewood Private Investments is the private equity arm of The Rosewood Corporation, a family-backed yet institutional firm with diverse worldwide operations and investments. Rosewood is wholly owned by the Caroline Hunt Trust Estate, which was established in 1935 by H.L. Hunt and built upon over generations by developing and acquiring businesses that are leaders in their respective industries. Our structure and history enable us to be a unique resource and flexible investment partner. As an evergreen entity, Rosewood is continually seeking to invest capital in companies that share our commitment to entrepreneurism, integrity and sound business principles. More information about Rosewood Private Investments can be obtained at www.rosewoodpi.com.

About Strait Lane Capital Partners

Strait Lane Capital Partners is a privately held investment firm focused on acquiring mid-market businesses. SLCP brings strategic insights and expertise including effective governance, operational excellence, vertical market depth and extensive private and public client relationships. SLCP was formed in 2009 as the investment arm of two family offices. More information about Strait Lane Capital Partners can be obtained at www.straitlanecapital.com.

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