Veristar Announces Expansions and Restructuring in Support of Continued Growth

The new Nashville office will be able to support the e-discovery requirements of local law firms as well as corporations

CHICAGO, Feb. 07, 2023 (GLOBE NEWSWIRE) — VeristarThe premier provider of comprehensive insurance services, e-discovery services specialized legal staffing Corporate legal departments and law firms, the company announces its most recent geographic expansion and restructuring in order to provide better client service and position it for future growth.

Nashville Expansion
Veristar, with its headquarters in Chicago, and a significant presence in New York, DC, has been focusing on nationwide clients since its inception. “We built Veristar to be an invaluable resource for corporations and law firms located anywhere in the country. But we know that all business is, in a sense, local,” says Veristar CEO Rick Avers.

In selecting Nashville, the company applied the same criteria as with its prior expansions to Cleveland, Charlotte, Atlanta, Houston and Los Angeles. Avers continues, “Nashville is a vibrant, sophisticated city that is home to powerhouse law firms and many great companies in health care, technology, entertainment, financial services and manufacturing. Everyone at Veristar is excited to be a part of the Nashville community.”

The company will soon announce the appointment of a business development director in Nashville and the Mid-South.

Financial Restructuring
Veristar has been acquiring competitors in recent years to expand its client base and grow. Subchapter V allows the company to take advantage of a financial restructuring opportunity. This federal law provides a way for companies to address their acquisition-related obligations as well as litigation. “Subchapter V affords us the opportunity to deal with some of the acquisition overhang in an efficient way,” says Veristar CFO Ben Gardner. “We expect it to take eight weeks with no impact whatsoever on operations or client services.”

Veristar
Veristar provides comprehensive services in e-discovery, including data collection, processing, hosting and managed reviews for law firms and corporate legal department. Technology is carefully vetted to ensure that it delivers the best solutions. They are tailored to clients’ needs and provide exceptional service. Veristar provides specialized legal support for clients who need to hire experienced attorneys when they are needed. More information is available at Veristar.tech.

Contact Media
Vicki LaBrosse
Veristar Edge Marketing
[email protected]
651-552-7753