Janney Montgomery Scott LLC is pleased to announce that it has served as the exclusive financial advisor to Diamond Reporting & Legal Video, a national court reporting services firm, to Veritext Legal Solutions, a portfolio company of Leonard Green & Partners, L.P. Established in 1980 and headquartered in Brooklyn, New York, Diamond’s brand name reputation, extensive courtroom and legal services offering, and strong market presence in New York’s tri-state area were key strategic drivers of Veritext’s acquisition.

About Diamond Reporting & Legal Video

Diamond Reporting & Legal Video is a national company providing top-notch court reporting and videography services in the tri-state area. Headquartered in New York City, Diamond has a staff of over 250 experienced court reporters, handling cases in all areas of law. Diamond also provides legal videographers, videoconferencing, interpreters in all languages, and courtroom presentations. Known in the legal community for its superior service, Diamond’s brand name has allowed it to grow and prosper since its inception nearly four decades ago.

Geenberg Traurig served as legal counsel to Diamond and Lowenstein Sandler served as legal counsel to Veritext.

About Janney's Business Services Investment Banking Team

Janney's Business Services Investment Banking Team provides a wide range of investment banking, financial advisory and restructuring services to meet the needs of our Clients. The Team has a culture of unparalleled work ethic and impact, with over 50 transactions completed since 2009 with an aggregate deal value in excess of $1 billion. Averaging more than 20 years of experience each, our senior leadership possesses deep strategic and private equity relationships and is highly involved in the day-to-day delivery of client services.

About Janney

Established in 1832, Janney Montgomery Scott LLC is a leading full-service investment banking and financial services firm serving individual, corporate, institutional and government clients. Janney is an independently operated subsidiary of The Penn Mutual Life Insurance Company, one of the 15 largest mutual insurance companies in the nation, and is a member of the New York Stock Exchange, Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.

Janney's Investment Banking Team

Janney’s Investment Banking practice is a leader in middle-market financing solutions. We place a high value on our consistent track record of delivering solutions to our clients. Since 2009, we have completed 605 transactions aggregating $85B in transaction value. We work with clients on a highly-personalized basis, providing exceptional service, commitment and senior level attention.