Austin, TX (PRWEB) August 06, 2014
Since its inception in 1981, Trivest has completed more than 200 transactions totaling over $5 billion in value. Advanced Discovery represents the fifth platform investment in Trivest Fund V, a $415 million fund.
Vandygriff believes that Trivest is the perfect partner for Advanced Discovery’s next stage of growth. “Our company cultures are well matched, and the leaders at Trivest share our vision. They also have the financial resources and strategic expertise to bolster our needs as we take the company to the next level. Our management, sales and support teams will remain intact so clients will continue to receive the same excellent service while we work to further enhance their experience.”
Forest Wester, partner with Trivest, commented, “We love Advanced Discovery’s passion and dedication to doing the right things for its customers and employees. Their commitment to continuous improvement and unparalleled customer service makes Advanced Discovery a trusted partner to its clients and the kind of business that we know is positioned for long-term success. We look forward to helping the company continue its long track record of growth and success. Advanced Discovery aligns perfectly with our strategy to partner with growing, founder-owned, middle market businesses.”