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Transactions / I••••

S••••••••• Invests in I••••

Add-on acquisitionannouncedadd-onannounced Nov 21, 2023Fact
What happened
Platform
S•••••••••add-on basis: November 21, 2023 – I•••• LLC (“I••••” or the “Company”), a leading nationwide technology integrator and solutions provider, announced a strategic investment by S•••••••••, a portfolio company of M••• P•••• C•••••• L•• (“M••• P••••”).
Control
Control
Share acquired
unknown
Industry
unknown
Target location
MA, US
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
7 named
Buy side
  • We are excited to have management continue in their roles and look forward to executing on the numerous growth opportunities and strategic initiatives ahead,” said B•••••• S••••, Vice President at M••• P••••.
  • November 21, 2023 – I•••• LLC (“I••••” or the “Company”), a leading nationwide technology integrator and solutions provider, announced a strategic investment by S•••••••••, a portfolio company of M••• P•••• C•••••• L•• (“M••• P••••”).
  • November 21, 2023 – I•••• LLC (“I••••” or the “Company”), a leading nationwide technology integrator and solutions provider, announced a strategic investment by S•••••••••, a portfolio company of M••• P•••• C•••••• L•• (“M••• P••••”).
Side not stated
  • J••• B•••••Managementconfirmed
    J••• B•••••, Chief Executive Officer of S••••••••• commented, “The I•••• team has built an incredible business with a ‘customer-first’ approach and a culture of operational excellence.
  • This partnership creates a unique opportunity to capitalize on shared capabilities and resources, which will create tremendous value for our customers,” said R••••• F••••••, Chief Executive Officer of I••••.
  • With this combination, S••••••••• will be one of the largest technology service businesses in North America,” added J••• L••••••••, M••• P•••• Executive Partner and Executive Chairman of S•••••••••.
  • I••••Targetconfirmed
    S••••••••• Invests in I••••
Evidence
S••••••••• Invests in I••••
S••••••••• Invests in I•••• | Private Equity Intelligence | DFX