Pamlico Capital to invest in AVANT.

Pamlico Capital, a private equity firm, agreed to invest in AVANT, a platform for IT decision-making and the nation’s premier distributor for next generation technology. Financial terms were not disclosed. “The timing is right to partner with Pamlico Capital, who understands AVANT’s growth potential in our industry and is aligned with our culture, values and mission to be the global leader in powering next-generation technology decisions. The speed of digital transformation is only increasing and solutions are more complex and evolving faster than ever before, meaning that the expertise provided by AVANT’s Trusted Advisors is at its highest level of demand. Through this investment, and the network, resources and expertise of Pamlico, AVANT is positioned to not only meet that demand today but support our system for the IT decision-making landscape of the future," Ian Kieninger, AVANT Co-founder and CEO.