January 02, 2009

MSouth Announces the Successful Exit for CGW Portfolio Company

Atlanta, GA (January 2, 2009) - MSouth Equity Partners, an Atlanta-based private equity firm, announced that Document Technologies, Inc. has completed a recapitalization transaction. CGW Southeast Partners IV, an affiliate of MSouth's predecessor, had been the majority shareholder of Document Technologies since 2004.

"We consider this recapitalization a true win-win" said Bart McLean, an MSouth Partner. "It provided an attractive return for our CGW investors, while allowing the DTI management team to continue forward with a substantial ownership position in a strong company."

Document Technologies, Inc. is the largest, independent end-to-end provider of litigation support and document management services in the United States. With a presence in 35 major U.S. markets, the company provides onsite facilities management services, offsite litigation support services, and electronic data discovery services. Document Technologies has been recognized as one of the industry's "Top 10 Electronic Discovery Services Providers" in the 2007 AmLaw Tech Survey and as one of the "Top 20 Overall Services Providers" in the 4th Annual Socha-Gelbmann Electronic Discovery Survey. Document Technologies has more than 1,600 employees and is headquartered in Atlanta, Georgia.

MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued $25 - $125 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, distribution and specialty manufacturing companies. MSouth is a successor to Cravey, Green & Wahlen, Inc. which was founded in 1984. Total capital under management exceeds $1.0 billion.