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Announced

Completed

Seaport Capital completed the acquisition of CyberlinkASP from Staple Street Capital.

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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United States

it management services

Business Process Outsourcing

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Seaport Capital, a private equity firm, completed the acquisition of CyberlinkASP, a managed service provider offering fully-outsourced IT management services to SMB and enterprise customers, from Staple Street Capital, a middle-market private equity firm. Financial terms were not disclosed. “After spending the last few months with the Seaport Capital team, we believe they are the right strategic partner for Cyberlink’s next phase of growth. I’m looking forward to executing key initiatives that will allow our business to continue to grow and scale to its full potential. Seaport’s sector experience in tech-enabled services and its approach to partnership give us confidence and enthusiasm as we enter this next chapter,” Chris Lantrip, Cyberlink CEO and Co-Founder.

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