Announced
Completed
Financials
Tags
Majority
it services
Domestic
Private
Single Bidder
United States
IT Services: Other
digital transformation
Private Equity
Friendly
Completed
Acquisition
Synopsis
CIVC Partners, a private equity firm investing in middle-market companies in the business services sector, completed the acquisition of Highstreet IT Solutions, an IT services company that provides digital transformation services to state and local governments as well as the education market, from Transition Capital Partners, a private equity firm. Financial terms were not disclosed. “Highstreet is a rapidly growing implementation and managed services provider with an exceptional track record of exceeding client expectations driven by deep technical expertise and end user focus. We are excited to partner with Nick and Ben to support the Company in accelerating organic growth and pursuing strategic acquisitions,” Marc McManus, Partner at CIVC.
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