Protegrity Advisors Formed by the Merger of General Counsel Solutions and Protegrity Managed Professional Services

LONG ISLAND, New York, March 31, 2014 /PRNewswire-iReach/ -- General Counsel Solutions, a leading provider of outsourced legal services announced today that it has merged with Protegrity Managed Professional Services and will now offer services under the name Protegrity Advisors, LLC. The merger will create a combined company that can assist CEOs, CFOs, and General Counsels of companies to optimize their return on investment for Legal and M&A related professional services.

Since 2003, General Counsel Solutions has been providing managed legal services to clients with experienced general counsel and outsourced corporate attorneys, on an as-needed basis. The company has helped manage the in-house legal function for companies which were acquired by the likes of Oracle, Expedia, Microsoft, Broadridge and SAP. Chairman, Joe Campolo said, "It was natural to extend our offerings to M&A services and assemble an experienced management team who have all been on our clients' side of the table and see the big picture from a variety of perspectives."

The former Protegrity Managed Professional Services (and its predecessor, Virtual CDO) provided M&A advisory services to more than 100 clients across a broad range of industries. Now as a result of the this merger, Protegrity Advisors will serve as a single provider to manage many of the critical professional services requirements companies have from inception through exit, allowing client executives more time and budget to focus on growth.

The new company will operate under the leadership of Gregg Schor in the position of President, Managed Legal Services and Bruce Newman serving as President, M&A Services.  

Gregg Schor is the founder of General Counsel Solutions and has previously held roles such as deputy and general counsel, director European operations, and senior vice president human resources for companies which were ultimately acquired by IBM, Microsoft and EMC.   "We are uniquely positioned to help companies manage both their in-house and outside law firm requirements.  For in-house requirements, we have an extensive bench of former general counsels and subject matter experts to pull from, and when law firms are needed anywhere in the world, we identify and qualify the firms, project manage the relationship for our clients and act as a single point of contact.  We provide a wide range of benefits to individual clients, such as leveraging our entire client base to negotiate favorable rates and service levels, actively monitoring law firm performance and scrutinizing law firm invoices before it ever gets to the client. "   Schor added, "this model has been embraced by companies with or without their own General Counsel."

Heading up the M&A Services division is Bruce Newman, a serial entrepreneur who has been the CEO of private and public companies, with substantial hands-on experience with start-up, expansion and exit phases of a business.   He is the co-author of a book on software for the commercial design industry and holds two patents on the area of electronic distribution.  "We believe that there is a gap in the lower middle market business sector in terms of maximizing exits for business owners who have poured their heart into companies and are now contemplating a liquidity event to capitalize on their years of hard work.  That's where Protegrity comes in" said Bruce.

About Protegrity Advisors, LLC:

Protegrity Advisors helps CEOs, CFOs, and General Counsels of companies ranging from pre-revenue to multinational public to optimize their return on investment for Legal and M&A related professional services.

Coverage across the United States and internationally, with locations in Long Island, New York, London and Brussels, and locations in Asia and South America planned for 2014

Visit our website at www.ProtegrityAdvisors.com

For further information, please contact ABruno@ProtegrityAdvisors.com

Media Contact: Amanda Bruno, Protegrity Advisors, LLC, 888.364.8795, abruno@protegrityadvisors.com

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SOURCE Protegrity Advisors, LLC



2014

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