CVF Capital Partners Provides $8.0MM in Capital for Acquisition of RSP & Associates

RSP Logo

CVF Capital Partners announced today that The Central Valley Fund II made an $8.0 million investment in National Legal Services, LLC (“NLS”). NLS will combine the businesses of Quest Discovery Services (“Quest” or “QDS”) and RSP & Associates (“RSP”), which both provide outsourced legal services. The combination of these two businesses creates a dominant record retrieval and document preparation company. The Company will be led by current Quest CEO, Ken Croney, who brings extensive industry knowledge and experience to the combined Company.

”NLS is proud to take this important step with CVF in establishing a foundation for our future and ensure long-term stability for our customers and employees. We plan to grow, diversify our service and product offerings, create more jobs and drive growth in the medical records industry in California and beyond,” said President and CEO, Ken Croney.

Ed McNulty, Partner at CVF and new NLS Board member, adds, “We are excited about the prospects of this newly formed Company. The combination of Quest and RSP brings together over 80 years of operating experience in the medical record management industry. CVF is proud to partner with the NLS management team to guide its growth and expansion for the long-term.”

About RSP & Associates:

Since 1979, RSP & Associates has been a leader in the litigation support field. The Company provides legal discovery services and storage solutions to self-insured employers, third-party administrators, and insurance companies throughout the State of California.

RSP’s objective is to be recognized as California’s Premier Litigation Support Company committed to the highest standards of practice and innovation.

About Quest Discovery Services:

For over 45 years, Quest has met and surpassed document acquisition, duplication, and distribution needs. From subpoena preparation and service to online order and record management to large volume reproduction and photo duplication to court reporting to Bates numbering and rush delivery, Quest´s dedicated professionals will deliver high-quality services and products every time.

In order to provide its customers with local support and the fastest turnaround times in the industry, QDS operates five full-service offices strategically located throughout California. Each QDS office is able to follow-up, duplicate, and ship records without transferring documents to a central location. Decentralized production facilities allow QDS to efficiently meet all customer’s needs while reducing costs as well as provide Rush and emergency services when necessary.