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New Deal


Announced

A&M Capital and Abry Partners-backed NexusTek completed the acquisition of ICCS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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managed it services

Majority

Friendly

United States

Single Bidder

IT Services: Other

Private

Acquisition

Completed

Private Equity

Domestic

Synopsis

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A&M Capital and Abry Partners-backed NexusTek, a national provider of managed IT and technology consulting services, completed the acquisition of ICCS, a regional managed IT services provider based in New York City. Financial terms were not disclosed. "ICCS is one of the strongest performing regional MSPs we've seen and operates in the largest metropolitan area in the US, making them a perfect partner for NexusTek's expansion into the Northeast. We believe their excellent customer service and strong financial performance make them an excellent partner for us as we grow our national platform, and we look forward to bringing additional capabilities to our collective customer base," Bill Wosilius, NexusTek CEO.

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