DAVIS, Calif. and SAN JOSE, Calif., Jan. 26 /PRNewswire/ -- The Central Valley Fund, a private investment fund focused on middle market Central Valley companies, today announced a mezzanine investment of $3.75M in Quest Discovery Services, Inc. ("Quest" or the "Company"). The capital was used to refinance the Company's previous subordinated debt holder and to provide funds for acquisitions.
Founded over 40 years ago, Quest offers outsourcing solutions for medical and public records acquisition, including process serving, document acquisition, copying, deposition reporting, and other special services. The Company primarily operates in California, but offers nationwide services to National Accounts.
Ed McNulty, a partner with The Central Valley Fund, stated, "We are pleased to be business partners with the team at Quest. CVF seeks to partner with strong management teams, like Quest's, in order to effectively use its capital to help businesses grow."
Elizabeth Whitmore, Quest's President, remarked, "Partnering with a local fund like CVF, both financially and strategically, is an instrumental step in allowing Quest to capitalize on the growth opportunities ahead of us."
About The Central Valley Fund, LP: The Central Valley Fund was established by the principals of Gael Partners, LLC to finance later stage growth through mezzanine and preferred equity investments. The fund has offices in Davis, CA and Fresno, CA. It is focused on making investments in California's Central Valley and throughout the state. For more information, please visit http://www.centralvalleyfund.com.
About Quest Discovery Services, Inc.: Quest provides document acquisition, duplication, and distribution solutions to law firms and insurance companies. 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 deliver high quality services and products that affordably meet its clients' needs. For more information, please visit http://www.questds.com.
Partner, Central Valley Fund
President, Quest Discovery Services, Inc.
SOURCE The Central Valley Fund